INDUSTRIAL PRICE INDEX

INDUSTRIAL PRICE INDEX

THE JOURNAL OF COMMERCE Daily Industrial Materials Price Index of Sensitive Spot Commodity Prices on Thursday was down at 96.8 percent of its 1980 base.

Smoothed One ThreeCommodity percent Change, 1988 Month Months 1987

Base: 1980 = 100 Anl. Rate 2/25 ago ago 2/26

DAILY INDEX -0.39 96.8 97.1 98.0 89.7

TEXTILES -2.45 88.4 89.7 92.0 83.4

METALS 12.5 103.1 102.6 102.1 88.2

MISC. -8.24 95.7 96.4 97.6 93.5

ADVANCES: Aluminum, copper, cotton, tin.

DECLINES: Crude oil.

Daily Index monthly average - January 97.5

1988 High: 98.2 Low: 96.3

*A smoothed percent change is an annual rate and is based on the ratio of the current day's index to the average over the preceding 250 working days.