THE VIRGINIAN-PILOT Copyright (c) 1995, Landmark Communications, Inc. DATE: Wednesday, July 12, 1995 TAG: 9507060472 SECTION: BUSINESS PAGE: D2 EDITION: FINAL SOURCE: (Staff) LENGTH: Short : 21 lines
Manufacturing, retail and service sector growth all decreased in June, according to the Federal Reserve Bank of Richmond's monthly report of business conditions. Prices for raw materials, service producers and retail all rose more slowly in June than in May. Manufacturers said finished goods prices rose at an annual rate of 0.76 percent and raw materials prices rose at an annual rate of 1.39 percent in June. Service prices rose at an annual rate of 1.3 percent and retail prices rose at a rate of 1.9 percent. by CNB