Category: purchases

P&G Sees Shoppers Reduce Purchases Amid Price Hikes

NEW YORK—Procter & Gamble Co., the maker of such iconic household products as Crest toothpaste, Tide detergent and Charmin toilet paper, is seeing shoppers cut back some of their purchases as they push back on price hikes. The company said Thursday that sales slipped 1 percent in the latest quarter ended Dec. 31, the first…


ECB to Mull Upping Regular Bond Purchases After Emergency Scheme: Bloomberg

FRANKFURT—The European Central Bank will discuss whether to raise its regular bond purchases when its pandemic-fighting scheme ends, ECB policymaker Madis Muller said in an interview published on Wednesday. “I realise that it would be a problem if there is a very sharp cliff effect at the end of the pandemic emergency purchase programme (PEPP),”…