THE VIRGINIAN-PILOT Copyright (c) 1995, Landmark Communications, Inc. DATE: Saturday, May 13, 1995 TAG: 9505130401 SECTION: BUSINESS PAGE: D1 EDITION: FINAL TYPE: Daily Digest LENGTH: Short : 19 lines
The biggest surge in food costs in five years pushed consumer prices up 0.4 percent in April, cramping family budgets and all but killing chances the Federal Reserve will soon cut interest rates. The Labor Department report Friday showed prices climbing at their fastest clip since last August as the cost of food, gasoline and air fares all shot up during the month. by CNB