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Screen Shot 2023 04 25 at 1.10.54 PMDisinflation delays
inflate Q1 profits 

Pulp & Paper costs plunge.
Consumer prices stay high

Financial market pundits have continued their bearish outlooks for 18mos, yet the consumer economy remained strong from high employment, in spite of double-digit inflation. Corporate profits were forecast to be lower again in Q1'23, only to be defied by stronger results as lower makers' cost prices i.e. disinflation, were not passed through to consumers. Updated for latest results today

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