[Hoot Gibson]

No end in sight for Bidenflation.

Procter & Gamble Executive Announces Prices of Household Staples Will Be Increased 'Week After Week'

Allison, a mother from Chicago, told the New York Post that as she sees her grocery bill keep rising, her family is starting to feel the pinch.

“There are no more splurges like going to Home Depot to buy an extra plant or eating out,” Allison [color=var(--main-theme-color)]said.[/color]

Many Americans are in the same position as Allison. Inflation is growing worse across the U.S., and now producers are warning their consumers that this is a problem that will not be going away soon.

Procter & Gamble, for example, announced that many of its prices will rise in the coming weeks since the cost of raw materials remains high, according to the [color=var(--main-theme-color)]Post. The company owns huge brands like Tide, Gillette and Crest.

“We do not anticipate any easing of costs,” P&G chief financial officer Andre Schulten said. “We continue to see increases week after week, though at a slower pace.”[/color]

The Post cited an interview Schulten gave to The Wall Street Journal, though the WSJ appears to have removed that specific quote.

And this is not P&G’s first announcement of a price hike. Back in April, the company [color=var(--main-theme-color)]warned that many paper products would begin costing more, including essentials such as tampons, diapers and paper towels.[/color]

And other corporate giants such as Coca-Cola, PepsiCo and General Mills have warned buyers throughout the year that costs will keep going up, according to CNBC.

These costs keep climbing in the aftermath of the economic disruption of COVID-19, and now everyone is suffering from inflation.