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Global energy costs lift prices across industries
High energy costs push up prices for petroleum based goods from carpet to plastic toys. Dow Chemical raises prices boosting Q4 profits while Maytag blames energy costs for a larger loss. Economists say inflation remains unlikely though sustained high energy costs could raise consumer expenses.
MENTIONED IN THIS ARTICLE
Goodyear
Scotts
Kenmore
OPEC
Vienna
China
United States
Dow Chemical
Maytag Corp
Don Duncan
Society of the Plastics Industry