PROVIDENCE – The consumer price index in the Northeast increased by 3.3% year over in April, slower than the national increase of 4.2% in that time, the Bureau of Labor Statistics said Wednesday.
The increase was driven by an increase in transportation and energy costs and was offset by a slowdown in medical-cost growth.
Month to month, U.S. consumer prices for goods and services jumped 0.8%, the largest monthly jump in more than a decade, according to The Associated Press. The national 4.9% yearly growth rate was also the highest since September 2008.
Northeast price changes in April:
- Advertisement -
- Food and beverage costs in the region increased 1.8% year over year, slower than the national rate of 2.3%.
- Housing costs in the region increased 2.4% year over year, slower than a national rate of 2.6%.
- Apparel costs in the Northeast rose by 2.6% year over year, faster than the 1.9% growth rate nationally.
- Transportation costs increased 12.4% year over year in the region, slower than the national growth rate of 14.9%.
- Medical care costs in the region increased by only 0.2% year over year. National medical care costs increased 1.5% in that time.
- Recreation costs increased 1.1% in the Northeast year over year, slower than the national rate of 2.1%.
- Education and communication costs increased 1.7% year over year both regionally and nationally.
- Other goods and services costs increased 2.3% year over year in the Northeast, slower than the national growth rate of 2.7%.
- Energy costs in the Northeast increased 18.1% year over year, slower than the national growth rate of 25.1%.
