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Publication: European Stars and Stripes Friday, July 24, 1987

You are currently viewing page 33 of: European Stars and Stripes Friday, July 24, 1987

   European Stars And Stripes (Newspaper) - July 24, 1987, Darmstadt, Hesse                                Friday july 24, 1987 the stars and stripes Page no pushing please Bents of Como Italy line up sedate ing in get to the head of the queue 16,7 percent regaining most of the Sharp 19.7 percent decline of the year before. Food prices were up 0.7 per cell in june after a 0.5 percent Rise in May prices Rose significantly last month for beef port fruit and vegetables. So far this Cor food prices have risen 4.4 per cent. Food and Energy costs were expected to moderate in he months to come. Subtracting food and Energy consumer prices Rose 0.2 percent in june. Most economists now say that a major resurgence of prices thought possible just a few months ago seems doubtful for the rest of 1987. One reason for economists new optimism about inflation is the recent firming of the . Dollar against other major Kev currencies recovering from a plunge thai had threatened to erode sharply americans purchasing Powers. A weaker Dollar can help Case this nation s Trade deficit a record si66.3 Bil lion last year by making foreign goods More expensive Ai Home and . Goods More competitive abroad. But too fast a fall in the currency can trigger an inflationary spiral. The labor department offered these Oiler specifics on june Price activity grocery store prices were up  percent restaurant meal prices gained 0.5 percent. Beef prices Rose 2.1 percent pork prices jumped 2.3 percent and fruit and vegetable prices advanced 3.9 percent. Poultry prices dropped i percent. Natural Gas prices Rose 0.4 percent. Fuel Oil prices fell 0.3 percent on the heels of a 1.3 percent drop in May. New car prices Rose 0.4 portent. Used car prices jumped  percent. Clothing prices Overall dipped 0.8 part enl. Medical care coils Rose 0.7 percent. Housing expenses were up 0.3 per cent. The Index for All products listed in the consumer Price Index stood at 340, for june compared to 327.9 for june 1986 and 100 for the base period of 100, thus a Market Basket of goods that Cost s10 in 1967 Cost 532,79 fast june and $34.01 last month unlike other figures in the report the Index itself is not adjusted to remove predict Abr recurring seasonal factors. Rel Irino Federal Reserve Board chair Man Paul Volcker whose conservative Money management policies Hase been widely credited with helping lame inflation trom the double digit Levels of the by Binning of the decade said the stabilizing of the Dollar helped ease some of the Central Bank s concerns Aboul renewed inflation thin he Lold the House banking committee on tuesday the fed plans no a Tutor inflation fighting monetary policy changes Al hit1 present. Official in Greece arrested paper says ing plan bet Wing he n trl Elk Solloh i knot i to put n uld nut be reached Lorthe to Lemon spun Sinan sind by pm Imam pm soul f iritis in Emp lines he recce s soul St cd no further Athens Greece up1 rested the director of Boeing ."4 operations at a . Air base near Al Hans and released him Only alter he assured authorities his company would pay s3 m Liun in Haik taxes a daily said wednesday  Conini ent on tie newspaper  
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