Consumer prices rise 1.2% in Northeast region in September

THE CONSUMER PRICE INDEX IN THE NORTHEAST registered a 1.2 percent year-over-year increase in September.
THE CONSUMER PRICE INDEX IN THE NORTHEAST registered a 1.2 percent year-over-year increase in September.

BOSTON – The Northeast consumer price index rose 1.2 percent on a nonseasonally adjusted basis in September compared with a year ago, while the index for the average U.S. city increased 1.7 percent during the same period, according to a report from the U.S. Bureau of Labor Statistics.
The monthly Consumer Price Index for all items includes housing, transportation and medical care costs, as well as educational and recreational expenses, and food and energy prices.
In the Northeast region – which includes the six New England states as well as New Jersey, New York and Pennsylvania – energy costs dropped 3.1 percent, fuels and utilities fell seventh-tenths of a percentage point and transportation dipped nine-tenths of a percentage point.
In comparison, energy costs nationwide dropped six-tenths of a percentage point, fuels and utilities increased 3.5 percent and transportation decreased eight-tenths of a percentage point.
Year over year, food and beverage prices rose 2.3 percent; housing grew 1.8 percent; medical care, 1.7 percent; and apparel, four-tenths of a percentage point.
That compares with food and beverage prices increasing 2.9 percent nationally, housing growing 2.6 percent and medical care increasing 2 percent nationally during the same period. Apparel prices were only slightly different nationally, at a one-half of a percentage point increase.

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