BOSTON - The Consumer Price Index was essentially unchanged in the Northeast over the last 12 months, rising 1.1 percent to 244.98, the U.S. Bureau of Labor Statistics reported Wednesday.
The Northeast region includes the six New England states as well as New Jersey, New York and Pennsylvania.
Nationally from August 2011 through July, the index for all items, including the volatile food and energy prices, increased 1.4 percent before seasonal adjustment.
Regionally, the energy index fell 6.1 percent in July, the third consecutive month of year-over-year declines. The BLS attributed the most recent decline to lower prices for electricity and gasoline, which decreased 1.6 percent and 0.8 percent across the region, respectively, in the latest one-month period.
Comparatively, the national energy index fell 5 percent to 239.97.
The housing index in the Northeast posted a 0.7 percent increase in July, while the index for transportation dropped 0.8 percent.
PBN is now accepting applications for its newest award program and event for RI & Bristol County to celebrate the Manufacturing Renaissance that is evolving regionally and across the country. The deadline for applications is March 20th.
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.