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P&G To Raise Prices

Higher commodity costs puts sales under pressure.

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By: TOM BRANNA

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Procter & Gamble will raise some prices as it absorbs higher commodity costs and its sales goal may be under pressure if business does not improve in the U.S. and other developed markets, Chief Financial Officer Jon Moeller said. Moeller, speaking at the annual Consumer Analyst Group of New York conference on Thursday, said the maker of Tide laundry detergent and Pampers diapers would announce specific details of the price increases over the next month or so. P&G now sees mor...

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