ABC Evening News for Wednesday, Jan 23, 1985
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(Studio) December consumer price index and 1984 inflation rate as a whole reported.
REPORTER: Peter Jennings
(NYC) Role of gasoline prices in CPI examined; related statistics outlined on screen. [Petroleum Ind. Research Fndn. president John LICHTBLAU - expects further price declines in 1985.] Possibility of OPEC (Organization of Petroleum Exporting Countries) price cut mentioned. CPI since 1965 graphed on screen. Other factors affecting CPI considered. [Prudential-Bache econ Edward YARDENI - explains impact of for competition on United States prices.]
REPORTER: Dan Cordtz
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