January 18, 2000
For the 12 month period ended in December, the Consumer Price Index for All Urban Consumers (CPI-U) rose 2.7 percent. This compares with an increase of 1.6 percent for all of 1998.
The acceleration in 1999 reflects an upturn in petroleum-based energy prices. The energy index, which declined 8.8 percent in 1998, increased 13.4 percent in 1999. Following a 15.1 percent decline in 1998, petroleum-based energy costs increased 29.5 percent in 1999, its largest annual advance since a 35.4 percent increase in 1990
The CPI-U excluding food and energy advanced 1.9 percent in 1999. This rise was the smallest annual change in the index for all items less food and energy since a 1.5 percent increase in 1965.
Bureau of Labor Statistics, U.S. Department of Labor, The Editor's Desk, Consumer prices in 1999 on the Internet at http://www.bls.gov/opub/ted/2000/jan/wk3/art01.htm (visited September 20, 2014).
This edition of Spotlight on Statistics examines labor productivity trends from 2000 through 2010 for selected industries and sectors within the nonfarm business sector of the U.S. economy. Read more »