Updated July 30 at 11:23pm

Regional consumer prices rise 1.5% on energy, housing costs

The Consumer Price Index in the Northeast rose 1.5 percent on a non-seasonally adjusted basis during the 12 months ended in March, matching the increase in the national index during the same time period, according to a report from the U.S. Bureau of Labor Statistics.

To continue reading this article, please do one of the following.



Enter your email to receive Providence Business News' e-newsletters
and breaking news alerts.  

economic indicators

Regional consumer prices rise 1.5% on energy, housing costs

Posted:

BOSTON – The Consumer Price Index in the Northeast rose 1.5 percent on a non-seasonally adjusted basis during the 12 months ended in March, matching the increase in the national index during the same time period, according to a report from the U.S. Bureau of Labor Statistics.

The monthly Consumer Price Index for all items includes housing, energy, transportation and medical care costs, as well as educational and recreational expenses and the more volatile food and energy prices.

In the Northeast region – which includes the six New England states as well as New Jersey, New York and Pennsylvania – the energy index rose 2.2 percent on a year-over-year basis in March, while the national energy index rose four-tenths of a percent.

The housing index in the Northeast – which includes rent or the homeowner equivalent, fuels and utilities, and household furnishings and operations – posted a 2.8 percent year-over-year increase in March, equal to the national increase, which was also 2.8 percent last month.

Transportation costs fell eight-tenths of a percent regionally and 1.2 percent nationally. The transportation index includes private transportation costs, motor fuel and gasoline. Medical care costs rose 1.3 percent in the Northeast and 2.2 percent in the U.S. as a whole for the month of March.

Consumer Price Index, U.S. Bureau of Labor Statistics, Rhode Island energy costs, Rhode Island housing costs, Rhode Island transportation, Rhode Island medical car, gas prices,

Comments

No comments on this story | Please log in to comment by clicking here
Please log in or register to add your comment
Latest News