Over-the-Counter Drug Prices Jump 9% Due to Inflationary Pressures

• Over-the-counter drug prices rose 9.3% year-over-year due to inflationary pressures • Inflation is causing increased costs related to manufacturing, labor, and demand • Prescription drug inflation much lower at 0.3% year-over-year • Bayer raised prices to offset volume declines and cost increases • Inflationary pressures expected to ease going forward after investments in production capacity