Pricier Condoms Show War Is Impacting Cost of Nearly Everything
Condoms on the production line at a Karex Bhd. facility in Port Klang, Selangor, Malaysia.
Photographer: Samsul Said/BloombergThe fallout across industries from the Iran war has now hit condoms.
Karex Bhd., which makes one out of every five condoms worldwide, is preparing to raise its prices by as much as 30% as the continuing conflict destabilizes supply chains and drives up expenses, Chief Executive Officer Goh Miah Kiat said in an interview with Bloomberg News.