�y��vlog

"Production in September was visibly better than in previous months due to improved domestic demand, which squeezed down industrial prices. In October, we saw a wider effort in the industrial sector to cut supply to cope with a profit squeeze."

The Atlanta company is caught in a profit squeeze in the wake of contract talks with its Teamsters-represented workforce.

"The economics of profitability suggest we might see more of a profit squeeze coming up," ECB chief economist Philip Lane told Reuters.

The data added to concerns that Japanese firms are holding off on investments amid a profit squeeze from rising energy and raw materials costs, fuelling worries about the pace of economic growth as the world’s third-largest economy tries to recover to pre-pandemic levels.

Yet the unprecedented price moves show a market bracing for the unthinkable, and investors preparing for consequences ranging from a bank profit squeeze to sub-zero bond yields, money market turmoil and capital outflows.