Monday, Nov. 02, 1959
Penny Pinch
Hardly a householder in the U.S. needed proof of it, but the U.S. Bureau of Labor Statistics last week sent out the news that the cost of living was up again. The overall hike in September amounted to .3% over August, bringing the current index to a record 125.2. Meaning: a dollar's worth by 1947-49 standards now costs the consumer $1.25.
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