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  • Moderation in the last 2 months of the third quarter was a response to the unfolding financial crisis and the spending cutbacks and points to a precursor to a downward turn in the direction of the UCCI.Of the seven localities tracked by the IHS-CERA UCCI, Asia, Russia, South America, and Africa saw the highest levels of cost change, registering increases of 11.8%, 10.3%, 10.3%, and 10.1%, respec
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