Consumers in for higher prices as costs surge

[Zenlitened]

Source: Reuters
By Nicole Maestri and Karen Jacobs - Analysis

Expect to pay more to blow your nose or change a diaper.

With oil prices soaring, more U.S. consumer product makers could join Kimberly-Clark Corp (KMB.N: Quote, Profile, Research, Stock Buzz) and Newell Rubbermaid Inc (NWL.N: Quote, Profile, Research, Stock Buzz) in issuing profit warnings or raising prices as they work to offset the surging costs of energy and raw materials.

(snip)

"It's a tough circumstance, but one that's unavoidable today," Newell Rubbermaid Chief Executive Mark Ketchum said in an interview.

"The pricing that you're seeing, whether from the food companies or the paper companies like Kimberly-Clark or us, are prices that just have to be passed on. Costs are "too extraordinary not to do that."

[SpiralHawk]

1. The putrid fruit of republiconomics

[Arctic Dave]

2. How about mandate recycling to help offset the cost of feeder material.

Like paper, cardboard, aluminum, glass, steel and plastics. Nah, that is too logical.