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Wholesale Prices #469596

NBC Evening News for Thursday, Mar 08, 1973
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(Studio) Wholesale prices up 1.6% in February Farm prices up sharply for third mo. in row.
REPORTER: John Chancellor

(DC) Price rise severe blow to Nixon hopes of reducing inflation. Chief econ. adviser Herbert Stein predicts food prices won't level off until late this year Industrial index up 1% this month, perhaps as result relaxation economy controls. Gas prices may go up 12% next summer.
REPORTER: Irving R. Levine

(Studio) Stein hints some economy controls may be reinstituted. Meanwhile beef prices higher than ever.
REPORTER: John Chancellor

(Los Angeles, California) California group called FIT (Fight Inflation Together) asking people to eat less meat. Shoppers boycott growing rapidly.
REPORTER: Tom Brokaw

Brokaw, Tom;
Chancellor, John;
Levine, Irving R.

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