PROVIDENCE – The consumer price index in the Northeast increased 1.2% year over year in February, slower than the national rate of 1.7%, the Bureau of Labor Statistics said Wednesday.
Price growth in the region was offset by declines in apparel and transportation costs.
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- Food and beverage prices in the Northeast increased 2.9% year over year, slower than the national rise of 3.5%.
- Housing costs increased 1.6%, slower than the national rate of 1.8%.
- Apparel costs declined 4% year over year, a faster decline than the national rate of 3.6%.
- Transportation costs in the region declined 0.2% year over year, while national price increased 0.6% in that time
- Medical care costs in the Northeast increased 1% year over year, slower than the national rise of 2% in that time
- Recreation costs in the Northeast increased 1% year over year, faster than the national rise of 0.8%.
- Education and communication costs increased 1.4% year over year, slower than the national rise of 1.7%
- Other goods and services costs increased 0.9% year over year, slower than the national rise of 2.1%
- Energy costs in the region increased 3% year over year, faster than the national rise of 2.4% in that time.
