Household goods giant Reckitt Benckiser, known for producing health and hygiene products including brands such as Lysol, Mucinex and Durex condoms, says it will raise prices to offset higher costs caused by the Iran war, according to a report.
Reckitt plans to raise prices in North America and Europe, following similar increases in emerging markets, which have helped cushion the impact of higher costs stemming from the conflict, namely volatile oil prices that surged past $100 a barrel earlier this year.
