Procter & Gamble, the world’s largest consumer goods company, is raising prices on about 25% of its US products starting next month due to $1 billion in projected tariff costs. The price increases will range from mid-single-digit percentages and come with improved product features.
The move affects P&G’s household staples like Tide detergent, Pampers diapers, and Bounty paper towels. This comes after P&G President Jon Moeller earlier predicted price increases would occur this summer.
Moeller is stepping down as CEO on January 1, 2026, and will become the company’s Executive Chairman. Shailesh Jejurikar, current COO, will take over as CEO. A restructuring plan aims to accelerate P&G’s growth and value creation, but details of job cuts – up to 7,000 non-manufacturing positions over two years – remain unclear.
Source: https://www.fox19.com/2025/07/29/pg-raising-prices-due-1-billion-projected-tariff-costs