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P&G to raise prices for laundry products

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Procter & Gamble next month is raising prices for its line of laundry products, including detergent and dryer sheets.

"This includes Tide, Gain, Downy, Bounce and Unstoppables, and includes all forms: liquid and unit-dose detergents, scent beads, liquid fabric softeners and dryer sheets," said P&G Chief Financial Officer Andre Schulten.

P&G additionally boosted its sales forecast for the year.

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