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Higher Stock Prices Boost Retail Costs
Retail food prices rose this week nationwide due to higher livestock prices and milk quotes in some areas. Brakes came from fewer shoppers paying record meat prices and more fresh produce entering season. sales of fresh meats and some dairy declined while fruits and vegetables increased. Government actions kept flour output up and supported dried eggs at $1.26 to $1.28, with plans to import Cuban sugar and increase army purchases of canned goods and dried fruits. Price indices showed mixed moves, with the wholesale commodity index steady and livestock index at a new high.
MENTIONED IN THIS ARTICLE
Associated Press
U. S
Cuba
Army
Armed Services
United States
Dun & Bradstreet