PROVIDENCE – The consumer price index in the Northeast region increased 1.1% year over year in January, not seasonally adjusted, slower than the national growth rate of 1.4%, according to Bureau of Labor Statistics data released Wednesday.
CPI growth in the region was offset by declines in energy prices, transportation prices and apparel prices.
Price changes in the Northeast region in January:
- Food and beverage CPI increased 3.5% year over year, slower than the national rate of 3.7%.
- Housing costs rose 1.5%, slower than the national rise of 1.8%.
- Apparel costs in the region declined 0.5% year over year, compared with a 2.5% decline nationally.
- Transportation costs in the region declined 1.8% year over year, faster than a 1.3% decline nationally.
- Medical care costs rose 0.9% in the Northeast, slower than a 1.9% rise nationally.
- Recreation costs rose 0.5% year over year, faster than a 0.1% rise in the U.S.
- Education and communication costs increased 1.2% year over year, slower than a national rise of 1.7%.
- Other goods and services costs in the region rose 1.4% year over year, slower than a 2.1% rise nationally.
- Energy costs declined 3.3% year over year in the region, slower than a national decline of 3.6%.
