The wave of price cutting -- stemming mainly from economic weakness -- continues to bring benefits for consumers, but there is little that is virtuous about it for companies caught in its vise.
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Sun, Jan 19, 2003 - Page 12 News List
US economists whisper `deflation'
The biggest culprit is the 1990s bubble that left many industries with gluts in goods and capacity, but inexpensive goods from places such as China are a factor
By David Leonhardt / NY TIMES NEWS SERVICE , NEW YORK
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