“We have more and more categories coming off managed supply in the US over the next two months.”

In context

“he global level, supply constraints are only present in every potential bucket that you can think through. Being able to source raw and materials is still difficult in sufficient quantities. Getting raw and packed materials to the places we need to get them to continues to be costly and highly volatile. Labor availability is certainly a stretch, not for P&G directly, but more for our supplier base. And then getting finished product out to our retailers by being able to actually ship with truck availability in the U.S., for example, is difficult. So it's across all aspects of the supply chain. We are making progress. Our on-shelf availability continues to be stable at around 93%, 94% even as we grow at these levels that we are happy to report we're growing at in Q3 and fiscal year-to-date. We have more and more categories coming off managed supply in the US over the next two months. So we are carefully working with our retail partners to ensure that we do this in the right way to ensure best service and best on-shelf availability with our retail partners. And we're making progress. Heavy -- the most investment in terms of capacity will be in our North America and European markets to ensure that we have sufficient capacity to keep up with increased demand we've seen. Those investments will take hold over the next two years. But we expect to be in a better situation over the next, call it, three to six months, specifically in the US moving out of managed supply. There is no -- to your second part of the question on pricing, I -- there is no formula-based approach to pricing in any of these categories. So we're carefully watching number one, consumer behavior and the st”