Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: TUESDAY, June 20, 1995 TAG: 9506210041 SECTION: BUSINESS PAGE: B-6 EDITION: METRO SOURCE: DATELINE: LENGTH: Short
The index was 151.9 in April and 147.5 in May 1994, which means that a collection of goods and services that cost $14.75 last year had risen to a price of $15.22 last month.
The Bureau of Labor Statistics said the index would have been 455.8 if the government still used 1967 as a base year of 100 points instead of using an average for the years 1982 to 1984. That means that a basket of goods and services that cost $10 in 1967 would have cost $45.58 last month, an increase of 355.8 percent.
by CNB