PRICES: Drop

Washington reported the first drop since June in the cost of living index: 0.6% from 189.1 to 187.9 (100 equals the 1935-39 average). The main causes: cheaper fruits, vegetables and eggs, clothing and house furnishings. The drop meant a pay cut of 1ยข an hour for 1,250,000 railwaymen and 40,000 aircraft workers whose wages are tied to the cost of living in union contracts (in this case using the old index, which fell 0.9% from 190.2 to 188.3).

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