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Prices continue downward trend: economist

Perc Pineda, PLASTICS' chief economist

Producer prices in the plastics industry continued their downward trend in June 2023, suggesting that inflationary pressures in the economy are diminishing, claims the chief economist of industry association PLASTICS. The Producer Price Index (PPI), as reported by the Bureau of Labor Statistics, showed a modest increase of 0.1 per cent in June, a significant…

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