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Price Rises Are Helping European Manufacturers Defy a Downturn
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BERLIN—European companies have defied the continent’s darkening economic prospects by raising prices, but there are signs the strategy that has protected their profits is sputtering.
Executives at some of the companies that have benefited from sharply higher prices are warning that soaring energy and food bills and concerns about jobs are beginning to deflate consumers’ appetite for their products.
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