Procter & Gamble (PG) said Wednesday 1/20/22, that it was raising prices by an average of about 8% on retail customers next month for its Tide and Gain laundry detergents, Downy fabric softener, and Bounce dryer sheets.

P&G said it’s raising prices to offset some cost pressures, including transportation, labor, and commodities it uses to manufacture its products. The US producer price index, a gauge for prices manufacturers are paying, rose 9.7% annually.

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