Breaking News

Procter & Gamble Puts Hold on Argentine Prices

March 9, 2006

ARGENTINA: Procter & Gamble Co. has agreed to freeze prices on 31 products in Argentina after the country’s president started asking consumer products makers to stop raising prices for at least a year.
The efforts by president Nestor Kirchner are designed to help the country’s battle against inflation. Mr. Kirchner and economic minister Felisa Miceli reportedly negotiated the agreements with P&G, Unilever NV and Kimberly-Clark to freeze prices on some of their products.
Argentina’s annual inflation rate rose to a 31-month high of 12.3% in December following increased government spending and purchases of dollars to weaken the peso.
blog comments powered by Disqus
  • What’s New at La Prairie?

    What’s New at La Prairie?

    Melissa Meisel, Associate Editor||April 25, 2016
    VP of marketing shares the latest buzz with Happi.

  • Mapping Out Multicultural Beauty

    Mapping Out Multicultural Beauty

    April 25, 2016
    Agnieszka Saintemarie of Kline Group about current trends and challenges in multicultural beauty.

  • At a Loss for Curls?

    April 22, 2016
    Amplixin, a Miami-based maker of hair strengthening products, has a solution for hair loss.

  • Who Makes That?

    Who Makes That?

    Tom Branna, Editorial Director||April 1, 2016
    From concept and formulation to testing and filling, today’s contract manufacturers perform a range of services for marketers

  • Multi-Cultural Beauty Update

    Multi-Cultural Beauty Update

    Christine Esposito, Associate Editor||April 1, 2016
    Established brands and start-ups address the needs of multi-cultural beauty consumers.

  • The Scalp Microbiome

    The Scalp Microbiome

    Nava Dayan PhD, Dr. Nava Dayan LLC||April 1, 2016
    A review of recent findings and innovative approaches for treating scalp disorders.