Consumer goods manufacturer Kimberly-Clark Corp. said it is planning to raise prices for the second time this year due to “significant inflation,” according to its CEO.
The company, which makes Kleenex and Huggies diapers, expects input costs to rise by $1.4 billion to $1.5 billion during the current fiscal year, which is above a prior estimate that called for an increase of $1.3 billion.
