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Bread Prices / Inflation #478988

NBC Evening News for Friday, Sep 20, 1974
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(Studio) Inflation's effect on bread prices outlined.
REPORTER: John Chancellor

(Chicago, Illinois) White bread cost 33 cents 2 years ago; sells for 56 cents now. Inflation begins in wheat field and extends throughout chain of production. Wheat prices up because of worldwide demand for wheat, and everything needed to grow wheat up also. [Dale STUCKEY - says someone between farmer and consumer making money.] Middlemen continue feeding inflation as do transportation costs, wheat processing, bakers, grocers. [Baker Gary BORK - says wheat prices double in 2 years]
REPORTER: Bob Jamieson

Reporter(s):
Chancellor, John;
Jamieson, Bob
Duration:
00:03:40

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