Northeast CPI increases 1.9% Y/Y in Nov., slower than national rise

THE NORTHEAST consumer price index increased 9% year over year in November. / BLOOMBERG NEWS FILE PHOTO/ARIANA LINDQUIST
THE NORTHEAST consumer price index increased 1.9% year over year in November. / BLOOMBERG NEWS FILE PHOTO/ARIANA LINDQUIST

PROVIDENCE –  The consumer price index in the Northeast increased 1.9% year over year in November, slower than the national average of 2.1%, the Bureau of Labor Statistics said on Wednesday.

The rise in prices in the region was offset by a decline in energy, apparel, transportation and fuels and utilities.

CPI changes in the region in November:

  • Energy CPI declined 2.7% from one year prior, outpacing a national decline of 0.6%.
  • Fuels and utilities CPI declined 0.5% year over year, compared with no meaningful increase nationally in that time.
  • Apparel costs in the region declined 2.4% year over year, faster than a 1.6% decline nationally.
  • Food and beverage inflation increased 2.1% year over year, compared with a 1.9% increase nationally.
  • Housing costs in the Northeast increased 2%, slower than a 2.9% rise nationally.
  • Transportation costs in the region and country declined 0.1% over the year.
  • Medical care CPI increased 5.6% year over year, faster than the national increase of 4.2%.
  • Recreation costs increased 1.3%, slower than a 1.9% national increase.
  • Education and communication costs increased 3% in the Northeast, faster than the 1.4% rise nationally.

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