• U.S.

THE ECONOMY: Up&Up

1 minute read
TIME

Washington’s Bureau of Labor Statistics issued its monthly bad news: the cost-of-living index was up another half-point to an alltime high in mid-December of 189.1 (100 equals the average 1935-39 level). It was the fourth increase in a row, boosting the year-end level to a full ten points over December 1950. Main reasons this time: costlier fruits and vegetables, cigarettes, medical care and haircuts.

More Must-Reads from TIME

Contact us at letters@time.com