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Foreign prices pinch U.S. consumers
Dollar devaluation raises costs for imported goods, from artichoke hearts to automobiles, as US buyers feel higher prices while some economists see mixed trade impact and delayed wage benefits. Analysts note car and fuel costs, wine and food prices rising with selective bargains abroad.
MENTIONED IN THIS ARTICLE
Deborah M. Rankin
New York
William Wolman
Argus Research Corp
U.S
Wolman
United States
Arthur Freedman
Wharton School of Finance
Detroit
Japan
David Jawitz
Camerican International
Larry Klein
Schieffelin