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ABSTRACT

January 1982, Vol. 105, No. 1

Large supplies of meats, grains
cut recent food price increases

William Thomas
Economist, Office of Prices and Living Conditions, Bureau of Labor Statistics

John Wetmore
Economist, Office of Prices and Living Conditions, Bureau of Labor Statistics

Andrew Clem
Economist, Office of Prices and Living Conditions, Bureau of Labor Statistics


Food prices helped to hold down the overall rate of inflation during the first half of 1981, although a resurgence took place in the third quarter; weather conditions and long-term production decisions are major factors in agricultural markets.

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