Need a tissue? Companies warn common products will see price hike

Procter & Gamble, Kimberly-Clark and Coca-Cola have all warned that they will raise prices on many of their US products as plastic, paper, sugar, grain and other commodities all get more expensive.

Toilet paper, baby care products, soft drinks and many other everyday products are about to get more expensive in the United States. Procter & Gamble, Kimberly-Clark and Coca-Cola have all warned that they’ll raise prices on many of their US products as raw material costs rise. Plastic, paper, sugar, grain and other commodities are all getting more expensive as demand outpaces supply. Companies are also paying more for shipping as fuel costs rise and ports experience longer delays because of congestion. The potential hit to consumers’ wallets comes as the US economy returns to some semblance of normalcy. COVID-19 vaccine distribution continues at a steady pace, promising to put the worst of the coronavirus pandemic and business shutdowns in the past. States have been loosening restrictions and businesses are reopening to a lot of pent-up demand from people who have been staying cautiously close to home during the pandemic.