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Cost of living hits new peak in October 1960
United States consumer costs rose 0.4 percent in October driven by higher food prices and increased housing expenses. The government index reached 127.3 percent of the 1947-49 average, up 14 percent from last year, with broad gains across products and services. Pay boosts follow contracts in auto and farm equipment sectors as inflation tightens living costs. The Arkansas Hope watermelons note adds regional color to the era’s agricultural backdrop.
MENTIONED IN THIS ARTICLE
Aveany Hall
Iron and Steel
United Steelworkers Union