The Archive · 1938

General Price Limitations

In addition the Ministry will submit the ing of prices of other: commodities to central and prefect tural price committees to be organized shortly to ensure Impartial and moderate prices of commodities.

reports are' true, this will be a @ecisive price policy, worthwhile for} the public.

On reviewing the tendency of com-_modity prices in Japan, it is found that the extent of rise was. slack until before the outbreak of hostili-les. 'The situation generally was calm, A sudden change has occur Fed since the outbreak of the "in-eident" Prices have been rising quickly since then. 'This is not only' the ease with wholesale commodi-tes, but alco with retail commodi= ties, which have a direct bearing upon "daily national livelihood. At first, price rallies were limited to articles related to the munitions in" dustry, but_now they have spread, to other kinds.

The Index of average wholesale! prices in Japan for March was 2515 on a basis of 100 in October, 1002, according to the Bank of Japan. This Index points to @ rise of about ten per cent. over the June index fof last year, Immediately before the outbreak of hostilities.

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

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