Lysol and Mucinex maker to raise prices amid Iran war fallout

Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleHousehold goods giant Reckitt Benckiser plans to raise prices in North America and Europe for some products. These price increases are intended to offset higher costs, particularly volatile oil prices, caused by the Iran war. The company previously implemented successful price increases in emerging markets, which saw like-for-like sales jump 9.4 percent in the second quarter, with 6.2 percent attributed to pricing. CEO Kris Licht stated that health brands are less impacted by price increases than hygiene products and that the company will also pursue other productivity measures. Reckitt launched a share buyback program worth up to 500 million pounds ($665 million) alongside its second-quarter results. In fullThe surprising costs of the Iran war: More expensive Lysol wipes and Durex condomsMore bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in

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