Price Index Is Up Sharply, Led by Energy
Labor Department reports Consumer Price Index rose by 0.6 percent in June, led by energy costs; narrower core rate of inflation, which excludes energy and food, was up only 0.2 percent; for 12 months ended in June, rise was 2.4 percent, compared with 1.9 percent in 1999; Labor Sec Alexis M Herman says core consumer prices remain moderate despite pressure from energy prices; gas prices shot up 7.8 percent, biggest one month increase since Bureau of Labor Statistics began tracking them in 1952; graph; chart (M)