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Archived News Release--Caution:
information may be out of date.
For more information call: (202) 693-4650
The Consumer Price Index increased 0.4 percent during the month of
September. Excluding the volatile food and energy sectors, the "core" rate
increased 0.3 percent, mostly reflecting increases in tobacco and apparel
prices resulting from unique factors in those markets.
Looking over a somewhat longer period, consumer prices continue to show
evidence of stability. The core rate has increased just 1.9% over the first
nine months of this year, compared to 2.4% during 1998. The combination of
stable prices, high productivity growth, and low unemployment suggests that our
economy continues to be on track and performing extremely well.
Archived News Release--Caution:
information may be out of date.
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