The Archive · 1939

Chinese Cost of Living

For the first time in the past ten months since December last year, the cost of living Index of Shanghai workers hemin to show a decline in October. The index fell to. 248.22, dropping by 12.36 per cent. as comppared with 263.23 in September. the meantime, the purchasing power of the dollar came up to $04029 of fits 1930 value. Among the group indices, fuel and light declined by 21.78 er cent, as compared with the preeedingg month, and food by 898 per

Text read from the printed page and cleaned; old type leaves the occasional error.

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