For Current And Historical Material In This — 2000-11-16

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in October, before seasonal adjustment, to a level of 174.0 (1982-84=100), the Bureau of Labor Statistics of the U.S. Department of Labor reported today. For the 12-month period ended in October, the CPI-U increased 3.4 percent. The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) rose 0.1 percent in October, prior to seasonal adjustment. The October level of 170.6 was 3.4 percent higher than the index in October 1999. On a seasonally adjusted basis, the CPI-U rose 0.2 percent in October, following a 0.5 percent increase in September. Deceleration in the energy index--up 0.2 percent in October, following a 3.8 percent rise in September--was largely responsible for the moderation in the October CPI-U. In October, the index for petroleum-based energy declined 1.2 percent, while the index for energy services increased 1.5 percent.