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Inflation and wage trends under price control program
Washington report notes a 12 month period showing inflation falling from 4.7 to 2.2 percent due to price and wage controls, with rising employment and real wages. Food prices rose 39 percent, while major nations show higher increases, including Canada 6.4 and Britain 71 percent.
MENTIONED IN THIS ARTICLE
West Germany
Italy
Japan
Austria
Switzerland
Netherlands
Norway
Canada
France
Britain
Spain
Sweden
Finland