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Economy #499079

NBC Evening News for Wednesday, May 31, 1978
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(Studio) Incr. in consumer prices in April noted. Admin. statement that things will get better, but not soon, reported.
REPORTER: John Chancellor

(DC) Details of consumer price index increases for April listed. [President adviser Robert STRAUSS - says it will be June before improvements are seen in consumer prices. Notes administration is examining ways to fight these dvts. and at same time aid consumers as well as farmers and cattlemen.] Admin. opposition to wage and price controls, consumer beef boycott or letting in more foreign beef and support for vol. restraints by business, labor and agriculture noted.
REPORTER: Irving R. Levine

(Studio) Report on supermarket prices.
REPORTER: David Brinkley

(New York City) New York City's Department of Consumer Affairs 5-yr.-old weekly market basket survey program mentioned and estimates of costs contrasted in years since 1973. Individual item prices contrasted.
REPORTER: Robert Hager

(Studio) Statement of Saudi Arabian foreign minister that there will be no oil price incr. at present due to surplus of oil now on market reported.
REPORTER: John Chancellor

Brinkley, David;
Chancellor, John;
Hager, Robert;
Levine, Irving R.

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