THE VIRGINIAN-PILOT
Copyright (c) 1995, Landmark Communications, Inc.
DATE: Thursday, September 14, 1995 TAG: 9509140419
SECTION: BUSINESS PAGE: D2 EDITION: FINAL
TYPE: Daily Digest
LENGTH: Short : 23 lines
Consumer prices edged up a tiny 0.1 percent in August as a sharp decline in airline ticket prices and the biggest drop in gasoline costs in more than four years helped keep inflation well in check. The small increase in the Labor Department's Consumer Price Index marked the third straight month of price moderation after a price spurt last winter raised concerns that inflation might be worsening. Since June, prices have been edging up by modest amounts, including a 0.2 percent increase last month. So far this year, inflation is rising at an annual rate of just 2.8 percent, little changed from the 2.7 percent increase turning in during 1994. (AP) by CNB