P&G: Pricier &
Grinding down
Volume lower. Price hikes
in hygiene & health care
Procter & Gamble (PG), the leading personal, home & business care brandmaker, reported slower Q2'23 results, with lower volume. offset by inflation. Powerful marketing campaigns continued in towels, tissues & detergents eg Charmin, Bounty, Tide but growth rates slowed from high rates during Covid.