JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX

JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX

(1)SPOT PRICE INFLATION RATE, SMOOTHED, ANNUALIZED, Apr. 2, 1997 - March 25, 1998 (a graph)



* Annual Smoothed percent -12.83

Latest Weekly Figure: March 20

(2)DAILY INDEX

1 Mo. ago 95.5

3 Mo. ago 99.0

Year ago 107.1

3/12 94.7

3/13 94.9

3/16 95.1 3/17 94.7 3/18 95.4 3/19 94.9 3/20 95.2

3/23 95.4 3/24 96.2 3/25 96.1

(3) TEXTILES

* Annual Smoothed percent -9.39

1 Mo. ago 92.2

3 Mo. ago 92.8

Year ago 98.4

3/16 91.7

3/17 91.7 3/18 91.8

3/19 91.8 3/20 91.6

3/23 91.6

3/24 91.7

3/25 91.6

(4) METALS

* Annual Smoothed percent -15.26

1 Mo. ago 85.7

3 Mo. ago 89.7

Year ago 99.6

3/16 87.8 3/17 88.0 3/18 87.7

3/19 87.4

3/20 87.4

3/23 87.3

3/24 87.9

3/25 87.7

(5) CRUDE OIL & BENZENE

* Annual Smoothed percent -16.55

1 Mo. ago 74.3

3 Mo. ago 85.0

Year ago 88.7

3/16 71.2 3/17 69.3 3/18 70.8 3/19 71.9

3/20 71.9

3/23 74.0

3/24 75.7

3/25 76.1

(6) MISCELLANEOUS

* Annual smoothed percent -11.25

1 Mo. ago 121.7

3 Mo. ago 122.1

Year ago 133.0

3/16 120.4 3/17 120.1

3/18 121.7 3/19 119.6 3/20 120.8

3/23 120.0

3/24 121.5

3/25 121.0

Commodity Base 1990 = 100

AT 52-WEEK HIGH: Red oak.

AT 52-WEEK LOW: Polyester.

ADVANCES: Zinc, aluminum, crude oil.

DECLINES: Cotton, copper, lead, hides, tin.

1996 High: 111.7 1996 Low: 104.8

1997 High: 109.2 1997 Low: 98.1 1998 High: 98.1 1998 Low: 94.7

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.