P&G's Strong Earnings and Digital Investments Amidst Consumer Shifts.
Procter & Gamble has defended itself against accusations of "greedflation" after reporting a rise in margins. The consumer goods giant said it had invested in innovation and productivity, and that price increases were in line with inflation. P&G's net sales rose 7% to $18.9bn in the three months to the end of June, while net earnings rose 4% to $2.9bn.