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Replies to post #4868 on The Rising Influence of Rising Affluence
DewDiligence
05/02/12 4:39 PM
#4869 RE: DewDiligence #4868
…in Venezuela, where P&G sales are worth an annual $1 billion, new regulations forced the company to cut prices by as much as 25 percent, according to Chief Financial Officer Jon Moeller. Venezuela froze prices on 19 key goods in December in an attempt to combat inflation.