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Companies Are Freaking Out About Soaring Costs, And Are Rushing To Pass Them On To Consumers


by Tyler Durden
Wednesday, Apr 21, 2021 - 03:36 PM
One doesn t have to go too far - a trip to the local gas station, grocery store, or restaurant should suffice - to observe how soaring commodity prices and other costs are bleeding through to the consumer. And it s only going to get worse: Procter & Gamble, Kimberly-Clark and Coca-Cola have publicly discussed lifting prices, citing rising commodity costs and manufacturing expenses. P&G and Kimberly-Clark’s higher price tags for everyday items like toilet paper and tampons are the first in about two years, as the trade war unfolded, further adding pressure on raw materials. ....

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