HEAVY PRICE RISES
AMERICAN SUMMARY FOR YEAR WASHINGTON, Dec. 30. Retail food prices rose 34 per cent, and the cost-of-living essentials in general 18 per cent, in 1946, says the Bureau of Labour statistics. The price rises were the greatest since the First World War, and were many times greater than the moderate rises of the three preceding years. The bureau attributed the year’s labour unrest to price increases, and declared that by September, when factory workers’ pay had returned to the levels of July, 1945, living costs were 15 per cent, ahead of them.
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Otago Daily Times, Issue 26350, 3 January 1947, Page 2
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95HEAVY PRICE RISES Otago Daily Times, Issue 26350, 3 January 1947, Page 2
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