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July 25, 2008    DOL Home > News Release Archives > OSEC/OPA 1999   

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Archived News Release--Caution: information may be out of date.

U.S. DEPARTMENT OF LABOR

Office of Public Affairs

OPA Press Release: Statement by U.S. Labor Secretary Alexis M. Herman Regarding the Consumer Price Index [12/14/1999]

For more information call: (202) 693-4650

 
	 

The Consumer Price Index rose 0.1 percent in November. Over the past 12 months, the CPI has risen 2.6 percent. But, excluding the volatile food and energy sectors, the "core" CPI has risen just 2.1 percent over the past year, below the increase of the previous year.

Real wages are also up 0.9 percent over the past year. This is the fifth year of increase after eight previous years of stagnation.

We continue to enjoy a remarkable combination of stable prices and widely-shared prosperity. The economic policies of the Clinton-Gore administration are paying off for all Americans.


Archived News Release--Caution: information may be out of date.




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