“So I do not see any reason why we would not see positive pricing going forward.”

In context

“through economic cycles, which are up or down. And I think I'd say to you, that remains the expectation going forward as well. A great proxy for our pricing is globally weighted CPI. You should see us track to that as we do at the moment. And I guess when I look at pricing today, and you can see the numbers as we provided in the deck, you'll see that pricing across all countries is actually pursuing that and in line with that globally weighted CPI. There is an exception, China, which sits in APAC, which has got some challenges, particularly around helium pricing, where we are seeing high single-digit kind of price declines and some rare gases as well, and a little bit more pressure on China pricing generally. But beyond that, every other country is tracking in line with our expectations. So I do not see any reason why we would not see positive pricing going forward. I've said this many times in the past, David, that the way we create value for the customer and the fact that we are a small sliver of their cost stack, I think that balance always works in our favor when we have a conversation on pricing. Operator: And our next question comes from the line of Vincent Andrews with Morgan Stanley. Vincent Stephen Andrews: I wanted to ask on margins, particularly in the Americas, where margins were flat year-over-year, but you did have positive price and volume. But in some of the other segments, you had margin expansion year-over-year with maybe not as robust volume and price. So is that a function of the business mix in the quarter in the Americas? Or is there something else going on? Sanjiv Lamba: I'll let Matt respond to that, and then I'll add a couple”