Brand Marketing

Procter & Gamble cuts marketing spending in face of inflation and supply woes

(Procter & Gamble)
July 29, 2022 01:47 PM

Procter & Gamble Co. pulled back substantially on ad spending as a share of sales last quarter amid rising commodity inflation and supply-chain constraints, but the company said its spending remains well ahead of pre-pandemic levels and in line with historical norms.

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