Investments in higher quality production and the impact of tariffs are driving one of the world’s largest manufacturers of consumer goods to make significant changes to their pricing structure.
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Returning college students react to Procter & Gamble price increases
Procter & Gamble recently announced a price increase on 25% of their products, which will become effective over the next few months.
The company describes the change as a “mid-single digit percentage increase” affecting a quarter of their product lineup, which includes household staples like Pampers diapers and Tide laundry detergent.
“From dish soap to laundry detergent to toothpaste, tissues, toilet paper, my house itself probably has 10 or 12 products made by Procter & Gamble,” said Joseph Eisenhauer, Dean of College of Business Administration at the University of Detroit Mercy…