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September Consumer Price Index

On Tuesday October 19, 1999, the US Department of Labor released its September 1999 Consumer Price Index (CPI), which showed a rise of 0.4 percent, the third monthly rise in a row. Wall Street breathed a sigh of relief at the news of the report as recent anxiety over the rising CPI and the threat of interest rates had sent the Nasdaq plunging. Tuesday, after the release of the report, stocks jumped over 200 points. The higher prices of tobacco and apparel boosted the CPI, and industries such as transportation, food, and lodging also showed the effects of inflation. The following nine resources include news briefs, commentary, and documents examining the impact of the September CPI as well as some of the unease about the US economy and inflation.
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Date of Scout Publication
October 21st, 1999
Date Of Record Creation
April 7th, 2003 at 11:42am
Date Of Record Release
April 7th, 2003 at 11:42am
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