Is the U.S. due for another puff of inflation? Last week, as a scattering of price increases showed up in the wake of the steel price increase two weeks ago, many a businessman feared that it was. Philco Corp. warned that high raw material and increased labor costs "are contributing to another round of higher production costs." Youngstown Kitchens announced a10ΒΌ% boost in factory prices. Dun & Bradstreet, which asked 1,104 businessmen what they intend to do about prices in the last quarter of this year, reported that 26% said they expected to raise them (in April, in answer to...
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