Consumer Prices


Value of the CPI-W

 

Base

 

1967=100

1982-84=100

April 2000

500.1

167.9

March 2000

499.7

167.8

February 2000

495.6

166.4


Source: Bureau of Labor Statistics


Consensus inflation forecast
May 2000

 

Average
annual rate

Implies CPI-W in
last quarter of year
will average...

 

 


1967=100


1982-84=100

2000

3.0%

505.9

169.9

2001

2.5%

518.6

174.1


The Consensus Forecast is based on a survey of prominent economic and financial forecasters. The forecast covers the CPI for all urban consumers (CPI-U), rather than the CPI-W used in UAW COLA clauses. However, changes in the CPI-U and CPI-W track one another closely.

 

Highlights for April

Inflation moderated in April, after spiking in March. The CPI-W rose a total of 3.2 percent over the 12 months ending in April.

Energy costs fell, holding down the overall increase in the CPI. The special index that tracks energy costs dropped 2.4 percent for the month. Transportation costs (of which fuel is an important component) were also down.

New vehicle prices, after adjusting for quality improvements, have barely budged over the past year. That component of the CPI is up just 0.1 percent from its April 1999 level

Statistics in Brief

High Performance
Work Systems

Productivity
and Growth

Executive
Compensation

Employment in
Major UAW Industries

Employment Situation

U.S. Light
Vehicle Sales

Consumer Prices

International Trade

SEC Website

Noteworthy News

 

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