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.