For Current And Historical This Release Is Embargoed — 1998-02-24

Note: Beginning with this report, the Consumer Price Indexes are being calculated on a revised basis, using 1993-95 expenditure patterns and updated population weights. In addition, changes have been made to the item classification and structure and a number of technical improvements have been made. Over the next two years, additional improvements also will be introduced. See page 4 for more revision information. The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2 percent in January before seasonal adjustment to a level of 161.6 (1982- 84=100), the Bureau of Labor Statistics of the U.S. Department of Labor reported today. For the 12-month period ended in January, the CPI-U has increased 1.6 percent. The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) rose 0.1 percent in January, prior to seasonal adjustment. The January 1998 CPI-W level of 158.4 was 1.3 percent higher than the index in January 1997.