This just in from babycheapskate.com! So stock up now if you can…
New Huggies Price Hike this July
I wish I could say this one was a joke, but it’s not.
Kimberly Clark, maker of Huggies, plans to raise prices by six to eight percent some time in late July or early August . Why? KC is recycling the reason they gave seven months ago when they announced this spring’s increase: “significant inflationary pressure from higher raw material and energy costs.” This is a larger increase than we saw earlier this year. Expect per-diaper prices to go up by around two cents, with a net monthly diaper-spending increase of about $5 to $10 per child. I’m guessing we’ll see jumbos go up by another dollar. Will Kimberly-Clark announce record sales and increase forecasted profits this summer, too, as they did this spring? Look for a price increase from Procter & Gamble (Pampers) within the next few weeks. It took them just under a month last time to get the news out.
Interestingly, we’ve seen no shortage of great diaper deals since this spring’s price hike took effect. The families who have been affected most by the hike are those who don’t shop the sales or use coupons. Many of us have been able to offset the increase by honing our smart shopping skills.
This is breaking news, and I wanted to post it ASAP. I’ll be putting together a a more in-depth article as soon as I can go back and track the sales data.
Readers: How has this spring’s diaper price hike affected your family?
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