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Tuesday, April 22, 2008
Procter and Gamble Grows
Rising commodity and energy costs are affecting Procter and Gamble's business,CEO A.G. Lafley admitted.There is no doubt that the consumer is under pressure,but PG consumer categories are still growing-albeit modestly.Everyday household and personal care products are still being bought on a weekly basis.PG employment and hiring in the U.S. should be up this year.Emerging markets are their engine of growth-and will be into the future,Mr.Lafley observed.
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