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P&G says commodity, freight costs to bite more this fiscal year

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Procter & Gamble Co's (PG.N) freight and commodity costs have amounted to around $600 million after tax so far this fiscal year, its chief financial officer said at a conference on Thursday, exceeding the company's prior expectations.

The company had previously said it expected more than $200 million in freight costs and about $125 million in commodity costs after tax for the fiscal year ended May 2021. read more

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