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News Release Information

24-1408-PHI
Thursday, July 11, 2024

Contacts Technical information: Media contact:

Consumer Price Index, Northeast Region – June 2024

Area prices were up 0.3 percent over the past month, up 3.8 percent from a year ago.

Prices in the Northeast Region, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), were up 0.3 percent in June, the U.S. Bureau of Labor Statistics reported today. (See table A.) Regional Commissioner Alexandra Hall Bovee noted that the rise was mainly due to the all items less food and energy index (up 0.3 percent), and within that, a 0.6-percent rise in prices for shelter. The food index was up 0.2 percent while the energy index rose 0.1 percent over the month. (Data in this report are not seasonally adjusted. Accordingly, month-to-month changes may reflect the impact of seasonal influences.)

Over the last 12 months, the Northeast all items CPI-U index increased 3.8 percent. (See chart 1.) The June rise was primarily due to a 4.3-percent rise in the all items less food and energy index (which has been higher than the all items index since March 2023). The food index rose 2.2 percent and the energy index increased 2.0 percent over the year. (See table 1.) 

Food

In June, the food index was up 0.2 percent over the month, mainly driven by a 0.4-percent increase in prices for food away from home. (See table 1.) The food at home index was up 0.1 percent, bolstered by increases in the other food at home index (up 0.5 percent) and the meats, poultry, fish, and eggs index (up 0.6 percent). The index increase was tempered by declines in the fruits and vegetables index (down 1.6 percent) and the nonalcoholic beverages and beverage materials index (down 0.3 percent).

From June 2023 to June 2024, the food index increased 2.2 percent as the food away from home index advanced 4.8 percent. Prices for food at home were up 0.8 percent as the meats, poultry, fish, and eggs index rose 2.8 percent (the greatest increase since April 2023). The nonalcoholic beverages and beverage materials index (up 2.1 percent, the smallest increase since July 2021), other food at home index (up 1.0 percent), and cereals and bakery products index (up 0.7 percent) also contributed to the increase. Two indexes declined, fruits and vegetables (down 1.7 percent) and dairy and related products (down 0.5 percent).

Energy

The energy index increased 0.1 percent over the month, predominantly due to a 3.9-percent increase in prices for electricity. Electricity prices have risen in June nearly every year since the index began in 1978. The utility (piped) gas index also rose, up 1.3 percent. The gasoline index declined 2.6 percent (after four consecutive months of increases) and the fuel oil index was also down in June.

Over the year, energy prices were up 2.0 percent as the electricity index was up 4.0 percent, the utility (piped) gas service index rose 3.3 percent (up after 14 consecutive months of declines), and the fuel oil index also increased. The gasoline index decreased 0.8 percent.

All items less food and energy

The index for all items less food and energy was up 0.3 percent in June, led by a 0.6-percent rise in the shelter index and within shelter, the owners’ equivalent rent of residences index (up 0.4 percent). The rent of primary residence index was up 0.5 percent and lodging away from home prices also rose. Prices for household furnishings and operations increased 1.1 percent over the month. The recreation index rose 0.7 percent. Some indexes declined and moderated the overall increase, including the new and used motor vehicles index (down 0.7 percent).

Over the year, the index for all items less food and energy was up 4.3 percent (the same as last month), mainly due to a 6.5-percent increase in the shelter index and a 6.7-percent rise in the owners’ equivalent rent of residences index. The rent of primary residence index increased 5.7 percent. The medical care index rose 3.5 percent as prices for medical care services were up 3.1 percent and prices for medical care commodities were up 5.9 percent. A 2.9-percent decline in the new and used motor vehicles index was spurred by a 9.1-percent decrease in prices for used cars and trucks.

Geographic divisions

Additional price indexes are available for the two divisions of the Northeast. Over the month, the all items CPI-U index for the New England division was up 0.3 percent. The CPI-U for the Middle Atlantic division rose 0.2 percent.

Over the year, the all items index rose 3.8 percent in the Middle Atlantic division and in the New England division. (See table B.)

Table A. Northeast region CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month20202021202220232024
1-month12-month1-month12-month1-month12-month1-month12-month1-month12-month

January

0.72.30.41.10.86.30.76.00.62.5

February

0.32.40.41.20.76.60.55.90.52.4

March

-0.21.70.62.11.37.3-0.24.30.73.4

April

-0.40.80.73.30.67.20.23.80.43.6

May

0.00.60.63.90.97.50.13.10.43.9

June

0.30.81.04.61.27.60.32.20.33.8

July

0.41.10.24.3-0.27.30.22.6

August

0.11.10.14.40.37.40.52.8

September

0.11.20.34.60.17.20.33.0

October

-0.21.10.65.40.36.90.02.7

November

0.11.10.66.00.16.40.02.5

December

0.21.40.25.9-0.16.10.02.6
Table B. CPI-U 1-month and 12-month percent changes, all items index, Northeast region and divisions, not seasonally adjusted
Area1-month change12-month change

Northeast

0.33.8

New England Division

0.33.8

Middle Atlantic Division

0.23.8

The July 2024 Consumer Price Index for the Northeast Region is scheduled to be released on August 14, 2024.


Technical Note

The Consumer Price Index for the Northeast Region is published monthly. The Consumer Price Index (CPI) is a measure of the average change in prices over time in a fixed market basket of goods and services. The Bureau of Labor Statistics publishes CPIs for two population groups: (1) a CPI for All Urban Consumers (CPI-U) which covers approximately 93 percent of the total U.S. population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers approximately 29 percent of the total U.S. population. The CPI-U includes, in addition to wage earners and clerical workers, groups such as professional, managerial, and technical workers, the self-employed, short-term workers, the unemployed, and retirees and others not in the labor force.

The CPI is based on prices of food, clothing, shelter, fuels, transportation fares, charges for doctors' and dentists' services, drugs, and the other goods and services that people buy for day-to-day living. Each month, prices are collected in 75 urban areas across the country from about 6,000 housing units and approximately 22,000 retail establishments—department stores, supermarkets, hospitals, filling stations, and other types of stores and service establishments. All taxes directly associated with the purchase and use of items are included in the index.

The index measures price changes from a designated reference date; for most of the CPI-U the reference base is 1982-84 equals 100. An increase of 7 percent from the reference base, for example, is shown as 107.000.  Alternatively, that relationship can also be expressed as the price of a base period market basket of goods and services rising from $100 to $107. For further details see the CPI home page on the internet at www.bls.gov/cpi and the CPI section of the BLS Handbook of Methods available on the internet at www.bls.gov/opub/hom/cpi/.

In calculating the index, price changes for the various items in each location are averaged together with weights that represent their importance in the spending of the appropriate population group. Local data are then combined to obtain a U.S. city average. Because the sample size of a local area is smaller, the local area index is subject to substantially more sampling and other measurement error than the national index. In addition, local indexes are not adjusted for seasonal influences. As a result, local area indexes show greater volatility than the national index, although their long-term trends are quite similar. NOTE: Area indexes do not measure differences in the level of prices between cities; they only measure the average change in prices for each area since the base period.

The Northeast region is comprised of Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont.

The New England division is comprised of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont.

The Middle Atlantic division is comprised of New Jersey, New York, and Pennsylvania.

Information in this release will be made available to individuals with sensory impairments upon request. Voice phone: (202) 691-5200; Telecommunications Relay Service: 7-1-1.

Table 1. Consumer Price Index for All Urban Consumers (CPI-U): Indexes and percent changes for selected periods, Northeast Region, (1982-84=100 unless otherwise noted) (not seasonally adjusted)
Expenditure categoryIndexesPercent change from
Historical
data
Apr.
2024
May
2024
Jun.
2024
Jun.
2023
Apr.
2024
May
2024

All items

Go to web page with historical data for series CUUR0100SA0
323.035324.439325.2713.80.70.3

All items (December 1977 = 100)

Go to web page with historical data for series CUUR0100AA0
508.682510.892512.202   

Food and beverages

Go to web page with historical data for series CUUR0100SAF
328.442328.156329.0072.10.20.3

Food

Go to web page with historical data for series CUUR0100SAF1
331.143330.775331.4692.20.10.2

Food at home

Go to web page with historical data for series CUUR0100SAF11
309.571307.711307.8910.8-0.50.1

Cereals and bakery products

Go to web page with historical data for series CUUR0100SAF111
389.766384.960386.8740.7-0.70.5

Meats, poultry, fish, and eggs

Go to web page with historical data for series CUUR0100SAF112
313.236311.825313.6132.80.10.6

Dairy and related products

Go to web page with historical data for series CUUR0100SEFJ
276.738274.567276.169-0.5-0.20.6

Fruits and vegetables

Go to web page with historical data for series CUUR0100SAF113
356.219353.598347.943-1.7-2.3-1.6

Nonalcoholic beverages and beverage materials

Go to web page with historical data for series CUUR0100SAF114
221.439221.756221.1192.1-0.1-0.3

Other food at home

Go to web page with historical data for series CUUR0100SAF115
282.218280.595282.1351.00.00.5

Food away from home

Go to web page with historical data for series CUUR0100SEFV
369.423371.911373.5824.81.10.4

Alcoholic beverages

Go to web page with historical data for series CUUR0100SAF116
291.361292.155295.1210.61.31.0

Housing

Go to web page with historical data for series CUUR0100SAH
349.128351.041353.6885.71.30.8

Shelter

Go to web page with historical data for series CUUR0100SAH1
430.231433.995436.4916.51.50.6

Rent of primary residence

Go to web page with historical data for series CUUR0100SEHA
431.822433.802436.0035.71.00.5

Owners' equivalent rent of residences(1)

Go to web page with historical data for series CUUR0100SEHC
445.161449.915451.8326.71.50.4

Owners' equivalent rent of primary residence(1)

Go to web page with historical data for series CUUR0100SEHC01
444.709449.465451.3776.71.50.4

Fuels and utilities

Go to web page with historical data for series CUUR0100SAH2
296.553292.793298.7603.60.72.0

Household energy

Go to web page with historical data for series CUUR0100SAH21
264.545260.512266.6653.80.82.4

Energy services

Go to web page with historical data for series CUUR0100SEHF
259.200256.681264.9004.02.23.2

Electricity

Go to web page with historical data for series CUUR0100SEHF01
271.038271.782282.4804.04.23.9

Utility (piped) gas service

Go to web page with historical data for series CUUR0100SEHF02
217.923209.180211.9643.3-2.71.3

Household furnishings and operations

Go to web page with historical data for series CUUR0100SAH3
145.132144.468145.9861.70.61.1

Apparel

Go to web page with historical data for series CUUR0100SAA
135.494134.425134.0810.1-1.0-0.3

Transportation

Go to web page with historical data for series CUUR0100SAT
267.790269.628267.2762.7-0.2-0.9

Private transportation

Go to web page with historical data for series CUUR0100SAT1
265.932268.333266.0373.00.0-0.9

New and used motor vehicles(2)

Go to web page with historical data for series CUUR0100SETA
125.251125.437124.559-2.9-0.6-0.7

New vehicles

Go to web page with historical data for series CUUR0100SETA01
174.973174.923174.9770.10.00.0

New cars(3)

Go to web page with historical data for series CUUR0100SS45011
164.580164.835164.957-0.50.20.1

Used cars and trucks

Go to web page with historical data for series CUUR0100SETA02
192.122192.759193.788-9.10.90.5

Motor fuel

Go to web page with historical data for series CUUR0100SETB
302.214310.281302.221-0.80.0-2.6

Gasoline (all types)

Go to web page with historical data for series CUUR0100SETB01
301.658309.881301.867-0.80.1-2.6

Gasoline, unleaded regular(3)

Go to web page with historical data for series CUUR0100SS47014
296.679304.903296.618-1.00.0-2.7

Gasoline, unleaded midgrade(3)(4)

Go to web page with historical data for series CUUR0100SS47015
328.534337.743330.8100.50.7-2.1

Gasoline, unleaded premium(3)

Go to web page with historical data for series CUUR0100SS47016
325.528333.583327.1411.00.5-1.9

Medical care

Go to web page with historical data for series CUUR0100SAM
572.201578.443578.6513.51.10.0

Medical care commodities

Go to web page with historical data for series CUUR0100SAM1
416.845424.118425.0375.92.00.2

Medical care services

Go to web page with historical data for series CUUR0100SAM2
617.727623.600623.5803.10.90.0

Professional services

Go to web page with historical data for series CUUR0100SEMC
425.509425.472425.588-1.20.00.0

Recreation(2)

Go to web page with historical data for series CUUR0100SAR
141.671142.716143.7282.81.50.7

Education and communication(2)

Go to web page with historical data for series CUUR0100SAE
155.405155.592155.1970.7-0.1-0.3

Tuition, other school fees, and child care(5)

Go to web page with historical data for series CUUR0100SEEB
1,410.5031,413.0991,414.7642.20.30.1

Other goods and services

Go to web page with historical data for series CUUR0100SAG
609.924608.155607.5882.4-0.4-0.1

Commodity and service group

Commodities

Go to web page with historical data for series CUUR0100SAC
229.362229.520229.4610.50.00.0

Commodities less food and beverages

Go to web page with historical data for series CUUR0100SACL11
178.052178.383177.957-0.7-0.1-0.2

Nondurables less food and beverages

Go to web page with historical data for series CUUR0100SANL11
231.110231.943230.3421.0-0.3-0.7

Durables

Go to web page with historical data for series CUUR0100SAD
120.504120.472120.849-2.80.30.3

Services

Go to web page with historical data for series CUUR0100SAS
412.950415.545417.2305.71.00.4

Special aggregate indexes

All items less shelter

Go to web page with historical data for series CUUR0100SA0L2
285.643286.166286.3762.30.30.1

All items less medical care

Go to web page with historical data for series CUUR0100SA0L5
312.111313.299314.1593.80.70.3

Commodities less food

Go to web page with historical data for series CUUR0100SACL1
182.229182.575182.239-0.70.0-0.2

Nondurables

Go to web page with historical data for series CUUR0100SAN
279.178279.463279.0621.60.0-0.1

Nondurables less food

Go to web page with historical data for series CUUR0100SANL1
234.607235.437234.1220.9-0.2-0.6

Services less rent of shelter(1)

Go to web page with historical data for series CUUR0100SASL2RS
407.395408.706409.2254.60.40.1

Services less medical care services

Go to web page with historical data for series CUUR0100SASL5
398.859401.230403.0315.91.00.4

Energy

Go to web page with historical data for series CUUR0100SA0E
280.986282.049282.2192.00.40.1

All items less energy

Go to web page with historical data for series CUUR0100SA0LE
330.960332.411333.3074.00.70.3

All items less food and energy

Go to web page with historical data for series CUUR0100SA0L1E
333.029334.808335.7454.30.80.3

Footnotes
(1) Indexes on a December 1982=100 base.
(2) Indexes on a December 1997=100 base.
(3) Special index based on a substantially smaller sample.
(4) Indexes on a December 1993=100 base.
(5) Indexes on a December 1977=100 base.

 

Last Modified Date: Thursday, July 11, 2024