Northeast CPI increases 2.6% over year through June

NORTHEAST CPI increased 2.6 percent year over year in June, 0.3 percentage points slower than the U.S. city average in that time. / BLOOMBERG FILE PHOTO/BRENT LEWIN
THE NORTHEAST CONSUMER PRICE INDEX increased 2.6 percent year over year in June, 0.3 percentage points slower than the U.S. city average in that time. / BLOOMBERG FILE PHOTO/BRENT LEWIN

PROVIDENCE – The Northeast Consumer Price Index increased 2.6 percent year over year in June, according to the Bureau of Labor Statistics Thursday.

The United States city average CPI increase in that time was 2.9 percent.

In the Northeast, fuels and utilities CPI increased 5.1 percent year over year through June, 4 percentage points higher than the U.S. city average. This includes a 5.4 percent increase for household energy, which includes electricity and utility gas service.

The gasoline CPI in the Northeast increased 23.6 percent year over year, in line with the U.S. city average of 24.3 percent.

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Northeast household furnishing and operations CPI declined 2 percent year over year in June, compared with a 0.3 percent increase in the average U.S. city. The cost of apparel declined 1.3 percent year over year in June in the Northeast, compared with a 0.6 percent increase for U.S. cities.

The Northeast region includes Rhode Island as well as Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania and Vermont.

In another report released Thursday, the BLS calculated that U.S. urban workers experienced a 3 percent increase in weekly earnings year over year in June, 0.1 percentage points higher than the U.S. city average CPI increase.

Chris Bergenheim is the PBN web editor.