Regional consumer prices rise slightly in November

The Consumer Price Index in the Northeast rose 1 percent over the last 12 months, according to a report from the U.S. Bureau of Labor Statistics. More

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Regional consumer prices rise slightly in November

CONSUMER PRICES IN the Northeast rose 1 percent year over year in November, according to the U.S. Bureau of Labor Statistic's Consumer Price Index.
Posted 12/17/13

BOSTON – The Consumer Price Index in the Northeast rose 1 percent over the last 12 months in not-seasonally adjusted terms, according to a report from the U.S. Bureau of Labor Statistics.

In October, the regional CPI rose 0.7 percent year over year.

The Northeast region includes the six New England states as well as New Jersey, New York and Pennsylvania.

Nationally, the index for all items – including housing, transportation and medical care costs as well as volatile food and energy prices and other goods – increased 1.2 percent year over year, not seasonally adjusted. In October, the national CPI rose 1 percent.

Regionally, the energy index dropped 4.5 percent in November, while the national energy index fell 2.4 percent.

The housing index in the Northeast – which includes rent or the homeowner equivalent, fuels and utilities, and household furnishings and operations – posted a 1.7 percent year-over-year increase in November, compared with a national increase of 2.1 percent.

Regionally, the index for transportation fell 0.9 percent, as the national transportation index fell 0.8 percent. The transportation index includes private transportation costs, motor fuel and gasoline.

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