For Current And Historical Material In This — 1998-07-14

The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1 percent in June, before seasonal adjustment, to a level of 163.0 (1982- 84=100), the Bureau of Labor Statistics of the U.S. Department of Labor reported today. For the 12-month period ended in June, the CPI-U has increased 1.7 percent. The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) rose 0.1 percent in June, prior to seasonal adjustment. The June 1998 CPI-W level of 159.7 was 1.5 percent higher than the index in June 1997. On a seasonally adjusted basis, the CPI-U rose 0.1 percent in June after increasing 0.3 percent in May. Food, energy, and all items less food and energy all contributed to the moderation. The food index, which rose 0.6 percent in May, increased 0.1 percent in June.