Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: SATURDAY, April 13, 1991 TAG: 9104130250 SECTION: BUSINESS PAGE: A-7 EDITION: METRO SOURCE: DATELINE: LENGTH: Short
Just about all big-ticket items - cars, houses, furniture, electronics - are on sale these days. And the Bureau of Labor Statistics reports that some elements of its consumer price index are falling. Some examples of items that are costing less include: eggs, down 2.8 percent; interstate telephone calls, down 2.9 percent; VCRs, down 8.6 percent .
Why isn't the index itself declining? Blame the stuff whose prices constantly defy gravity: health care, personal services such as haircuts and dry cleaning, entertainment, transit fares and utility bills. For the year ahead, the news looks better. The official inflation rate in 1991 should run about 3.5 percent.
by CNB