Everyday Americans Are Being Forced to Face “Real Hardships” Due to Inflation, According to a New Report From the Pew Research Center’s Center for the Study of Inflation.$10 Toothpaste & $6 Gas

HNewsWire- As inflation surges to multi-decade highs, consumer goods corporations are hiking prices on ‘basic daily’ products for Americans. American giant Colgate-Palmolive just introduced a new pricey toothpaste range, according to Reuters. CEO Noel Wallace said last week that Colgate-new Palmolive’s Optic White Pro Series toothpaste was “essential” to the company’s pricing power. A 10-dollar bottle of premium toothpaste with a capacity of three ounces will be available. It’s worth noting that the average price of popular toothpaste brands in 2019 ranged from $4 to $6 on Statista’s website, with a 2-pack costing roughly $10-12 on camelcamelcamel.com last year… Due to growing raw material costs, labor shortages, and freight rates, consumer products businesses raised prices last year. Consumer mood has fallen to an eleven-year low as a result of rising costs. However, politicians and consumer advocacy organizations are examining consumer…

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