Regional consumer prices rise 1.5% year over year through January

The Consumer Price Index in the Northeast rose 1.5 percent on a non-seasonally adjusted basis during the 12 months ended in January, according to a report from the U.S. Bureau of Labor Statistics. More

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Regional consumer prices rise 1.5% year over year through January

CONSUMER PRICES IN the Northeast rose 1.5 percent year over year in January, according to the U.S. Bureau of Labor Statistic's Consumer Price Index. Nationally, consumer prices rose 1.6 percent.
Posted 2/20/14

BOSTON – The Consumer Price Index in the Northeast rose 1.5 percent on a non-seasonally adjusted basis during the 12 months ended in January, according to a report from the U.S. Bureau of Labor Statistics.

The Northeast region includes the six New England states as well as New Jersey, New York and Pennsylvania.

Nationally, the index for all items – including housing, transportation and medical care costs as well as the volatile food and energy prices and other goods – increased 1.6 percent year over year, not seasonally adjusted.

Regionally, the energy index rose 2.5 percent on a year-over-year basis in January, while the national energy index rose 2.1 percent.

The housing index in the Northeast – which includes rent or the homeowner equivalent, fuels and utilities, and household furnishings and operations – posted a 2.7 percent year-over-year increase in January, compared with a national increase of 2.4 percent.

Transportation costs rose 0.5 percent both regionally and nationally. The transportation index includes private transportation costs, motor fuel and gasoline.

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