Millions of Americans are about to get hit with diaper sticker shock

[Demovictory9]

https://www.cnn.com/2021/04/23/business/diaper-costs-families-poverty/index.html

Diapers are a pricey, essential item for parents. Now, they're getting even more expensive, hurting low-income families already struggling with the pandemic's economic woes.

Disposable diaper prices rose 8.7% during the year ending April 10, according to the latest numbers from NielsenIQ, which tracks point of sale data from retailers. Diaper makers recently said they are planning additional price increases, which may further stretch low-income families' budgets if stores choose to pass on the hikes.

Kimberly-Clark (KMB), the maker of Huggies and Pull-Ups, will increase prices on these products by mid-to-high single-digit percentages in June, while Procter & Gamble (PG)— which manufactures Pampers, Luvs and All Good diapers — will raise prices on such brands in the mid-to-high single digit percentage range in mid-September.

It costs around $80 a month to provide diapers for one child, and one in three American families struggled to afford diapers even before the pandemic, according to Joanne Goldblum, chief executive officer of the National Diaper Bank Network.
Demand for diaper banks has surged during the pandemic. The non-profit group, which has a nationwide network of over 200 diaper banks, reported an 86% increase on average in the number of diapers distributed to children and families during the pandemic compared to pre-pandemic figures.

https://www.cnn.com/2021/04/23/business/diaper-costs-families-poverty/index.html