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Economy #487730

NBC Evening News for Thursday, Mar 04, 1976
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(Studio) Wholesale prices drop .5% in February, biggest in nearly year. White House is cheered. But figures may not really be so optimistic.
REPORTER: John Chancellor

(DC) Price drop coincides with Florida primary campaign. Admin. pleased, but warns that consumers need not expect drop in retail prices. Whsle. price index said deceptive. Consumer services continue to rise; for example: hospital and doctors' services; auto repairs, insurance, and registration; tax increases; public transportation; postal rates. Food prices may soon rise , due to drought and grain sales to USSR . But present situation with regard to whsle. prices may help Ford in Florida.
REPORTER: Irving R. Levine

Chancellor, John;
Levine, Irving R.

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