Northeast CPI up 2.3% over year in January

THE CONSUMER PRICE INDEX in the Northeast increased 2.3% year over year in January. / PBN FILE PHOTO/MICHAEL SALERNO
THE CONSUMER PRICE INDEX in the Northeast increased 2.3% year over year in January. / PBN FILE PHOTO/MICHAEL SALERNO

PROVIDENCE – The consumer price index in the Northeast region of the United States increased 2.3% year over year in January, slower than the U.S. city average of 2.5%, according to the Bureau of Labor Statistics Thursday.

Medical care prices increased more than any other primary category of prices tracked in the index in the region, increasing 5.8%, compared with a 4.5% national rise.

Apparel had the largest drop of any primary category metric tracked in the Northeast, falling 1.8% year over year, faster than the 1.3% national decline.

Other price changes in the Northeast year over year in January:

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  • Energy prices increased 3.4%, slower than a 6.2% rise nationally.
  • Education and communication costs increased 3.3%, more than double the rate of the U.S. increase of 1.5%.
  • Transportation costs increased 2.4% in the region, slower than a 2.8% rise in the U.S.
  • Recreation costs increased 2.1%, faster than a U.S rise of 1.4%
  • Food and beverage prices increased 1.9%, faster than the 1.7% increase nationally.
  • Housing costs increased 1.9%, slower than the national increase of 2.7%. The regional housing cost increase was offset by a 6.1% year over year decline in prices for utility (piped) gas service.
  • Other goods and services costs increased 3%, slightly faster than a 2.8% rise nationally.

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