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Procter & Gamble Price Hikes Thin Shoppers’ Wallets

Procter & Gamble Price Hikes Thin Shoppers’ Wallets

Rising prices of personal care products could quash Americans’ habit of buying big-brand-name items for their household pantries, posing a threat to Procter & Gamble, one of the world’s biggest makers of packaged goods.

The Cincinnati-based company is a bellwether for the consumer products industry. Its quarterly earnings, scheduled for Friday, set the tone for its peers like Dove body wash maker Unilever and Clorox.

P&G has hiked prices…


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