JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX

JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX

(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Feb. 14, 1997 - Feb. 4, 1998 (a graph)



* Annual Smoothed percent -16.22

Latest Weekly Figure: January 30

(2)DAILY INDEX

1 Mo. ago 97.1

3 Mo. ago 105.1

Year ago 108.3

1/22 95.9 1/23 95.9

1/26 96.1

1/27 96.5

1/28 96.6

1/29 96.8

1/30 96.5

2/2 96.4

2/3 96.4 2/4 95.9

(3) TEXTILES

* Annual Smoothed percent -10.61

1 Mo. ago 93.1

3 Mo. ago 98.1

Year ago 98.0

1/26 91.2

1/27 91.2

1/28 91.4

1/29 91.6

1/30 91.6

2/2 91.7

2/3 91.9 2/4 91.9

(4) METALS

* Annual Smoothed percent -19.54

1 Mo. ago 87.4

3 Mo. ago 93.9

Year ago 98.2

1/26 89.1

1/27 89.1

1/28 88.9

1/29 89.2

1/30 89.0

2/2 88.9

2/3 88.7 2/4 87.2

(5) CRUDE OIL & BENZENE

* Annual Smoothed percent -18.93

1 Mo. ago 82.6

3 Mo. ago 87.6

Year ago 95.0

1/26 77.8

1/27 78.7

1/28 78.9

1/29 79.7

1/30 78.8

2/2 78.5

2/3 77.5 2/4 77.0

(6) MISCELLANEOUS

* Annual smoothed percent -15.99

1 Mo. ago 118.9

3 Mo. ago 133.0

Year ago 135.6

1/26 118.5

1/27 119.2

1/28 119.4

1/29 119.2

1/30 118.9

2/2 119.0

2/3 119.6 2/4 119.8 Commodity Base 1990 = 100

AT 52-WEEK HIGH: Red oak.

AT 52-WEEK LOW: Polyester, tallow.

ADVANCES: Hides, tin.

DECLINES: Rubber, cotton, lead, zinc, copper, scrap steel, aluminum, crude oil.

1996 High: 111.7 1996 Low: 104.8

1997 High: 109.2 1997 Low: 98.1 1998 High: 98.1 1998 Low: 95.6

A smoothed percent change is an annual rate indicating the pace of the group's inflation.

Commodity prices are in Spot Commodities table on page 8A.