Question-and-Answer Session
Operator
(Operator Instructions) And our first question comes from the line of George Staphos of Banc of America Merrill Lynch.
George Staphos - Banc of America Merrill Lynch
A couple of questions on top line and I’ll turn it over -- do you have any details on physical volume for the quarter? You gave a lot of good detail on organic sales but do you have any volume numbers for any of the segments or any of the businesses that you could share at this time? Also on FX, while it’s reasonably doable to parse what the total was across the segments, do you have any specifics on that for the segments?
Daniel R. O'Bryant
Well, volumes were generally down. We’ve provided the organic numbers. As you pointed out, the overall price is still up about a percent or so from the prior year, which is carrying forward from what we did mostly clear back in the first quarter of last year and the fourth quarter, so -- but it’s hanging in there. Prices have held pretty well despite the tough market. So that’s been healthy but generally in all of our segments with the exception of emerging markets in the materials business, volumes continue to be down.
On the currency front, there’s about 4% gap against the Euro from our accounting rates third quarter to third quarter, so still a headwind. At current rates, it would be a slight tailwind for the fourth quarter.
We didn’t have any substantial transaction issues during the quarter. It was mostly just a translation issue.
George Staphos - Banc of America Merrill Lynch
Okay. A couple of follow-ons -- from what I remember from roll label, the organic sales were down I don’t know, low double-digits in the first quarter, down call it mid-single-digits 6%, 7%, somewhere in that range 2Q. Third quarter you saw a further improvement. Early in the fourth quarter, are you continuing to see that same sequential improvement in PSM roll label?
Dean A. Scarborough
You know, it looks -- you know, it’s been improving just as you said and we saw a general improvement during the quarter. That’s continuing. The big question mark is December. This quarter because of the extra week, we actually have two holiday weeks in the quarter and I am also anticipating if anybody wants to adjust their inventories down, any customer wants to do that, they are going to choose to use the last couple of weeks of the year to do it and so it’s really difficult for us to forecast that month.
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