Dettol and Nurofen owner Reckitt hikes prices by 9.7%, as shop inflation jumps – business live

Reckitt Benckiser raised sales forecast after lifting prices as cost inflation rises… while infant formula shortage in the US boosts revenues

Shares in Reckitt Benckiser have soared to their highest level in over a year, after it lifted its sales guidance this morning after lifting prices.

They’re the top FTSE 100 riser this morning, up 5.75% to £67.40.

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 ALL Credit of this post going to https://www.theguardian.com

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