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mmayr

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mmayr

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Saturday, 03/05/2022 8:58:54 PM

Saturday, March 05, 2022 8:58:54 PM

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Inflation Is "Imposing Real Hardships" On Everyday Americans; $10 Toothpaste & $4 Gas

SATURDAY, MAR 05, 2022 - 05:45 AM
Consumer goods companies are raising prices of 'essential everyday' items on Americans as inflation soars to multi-decade highs. The latest to do so is Colgate-Palmolive, an American multinational consumer products company, announced a new expensive line of toothpaste, according to Reuters.

Last week, Colgate-Palmolive CEO Noel Wallace told an industry conference that its new Optic White Pro Series toothpaste would be "vital" to its ability to raise prices. The new 3-ounce tube of premium toothpaste will cost a whopping $10.

Source: https://www.zerohedge.com/markets/colgate-launches-10-toothpaste-consumer-goods-companies-hike-prices

Economics by Following the Money ~ Globally & Nationally on Twitter @Conan644

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