For Current And Historical Material In This — 1999-07-15

The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in June, before seasonal adjustment, remaining at a level of 166.2 (1982-84=100), the Bureau of Labor Statistics of the U.S. Department of Labor reported today. For the 12-month period ended in June, the CPI-U increased 2.0 percent. The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) was unchanged in June, prior to seasonal adjustment. The June level of 162.8 was 1.9 percent higher than the index in June 1998. In June, on a seasonally adjusted basis, the CPI-U was unchanged for the second consecutive month. Energy costs, which fell 1.3 percent in May, declined 1.2 percent in June. The index for petroleum-based energy declined 2.7 percent, while the index for energy services rose 0.1 percent in June. The food index was unchanged in June.