Your English writing platform
Discover LudwigSimilar(60)
A stronger yen also hangs over Honda, while surging raw materials prices and escalating fears over the health of the global economy weigh on the overall industry.
Clorox Profit Falls On Rising Material Prices.
Raw material prices have backed off.
Much of the surge in raw-material prices in recent years reflects the fact that few foresaw the pace of emerging-market growth.
Speaking at an annual shareholders meeting on Wednesday in Yokohama, Nissan's chief executive, Carlos Ghosn, said that surging prices for raw materials would force car companies to raise prices — but that the economic malaise afflicting the United States and Japan would make it harder to increase sales in the face of higher prices.
Export growth is expected to lose some of its steam amid surging global prices for oil and other raw materials.
Yet ore prices are surging like oil prices.
Though surging energy prices meant fuel surcharges or higher costs for certain materials for some companies, in few instances were the increased costs passed along to consumers as higher product prices.
The company's estimates will never include a multitude of losses that are not insured: cars swept away, damaged property, buckled roads and weakened bridges, and something called "demand surge" — the spike in materials prices and labor costs that often comes with large-scale rebuilding after a catastrophe.
Surging oil prices?
The result has been high inflation and surging home prices.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com