Reckitt joins Unilever, Carlsberg, and Pernod in raising prices as global costs rise

Prices raised by firms to offset soaring supply chain costs.

A number of consumer-good manufacturers have raised their prices.

Reckitt Benckiser — the maker of Dettol and Nurofen painkillers — has joined other consumer-goods companies in raising prices to offset rapidly soaring supply chain costs, helping the company beat first-quarter revenue estimates.

Comparable sales grew 5.6% in the three months through March, the company said.  That compares with a consensus analyst estimate of 1.2%. Volumes grew marginally.