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News Release Information

24-1913-PHI
Wednesday, September 11, 2024

Contacts Technical information: Media contact:

Consumer Price Index, Northeast Region – August 2024

Area prices were up 0.2 percent over the past month, up 3.4 percent from a year ago.

Prices in the Northeast Region, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), rose 0.2 percent in August, the U.S. Bureau of Labor Statistics reported today. (See table A.) Regional Commissioner Alexandra Hall Bovee noted that the rise was primarily due to increases in the shelter and apparel indexes. These contributed to the 0.5-percent increase in the all items less food and energy index. The food index was also up over the month (0.1 percent) and the energy index tempered the overall increase as it declined 2.0 percent. (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 3.4 percent, mainly because of a 6.3-percent rise in the shelter index within the all items less food and energy index (up 4.0 percent). (See chart 1.) Food prices rose 2.2 percent, the same as last month. Energy prices decreased 1.3 percent, mostly due to a decline in gasoline prices. (See table 1.) 

Food

In August, the food index was up 0.1 percent over the month, mainly driven by a 0.2-percent increase in prices for food away from home. (See table 1.) The food at home index remained unchanged over the month. The meats, poultry, fish, and eggs index was up 1.8 percent (the largest index increase since May 2022), mostly due to price increases for chicken and eggs. Prices for nonalcoholic beverages and beverage materials decreased 1.8 percent, partially because of lower prices for coffee. The other food at home index also declined, down 0.6 percent.

From August 2023 to August 2024, the food index increased 2.2 percent as the food away from home index advanced 4.2 percent. Prices for food at home were up 1.0 percent, led by the meats, poultry, fish, and eggs index (up 4.1 percent—the fifth consecutive month of rising increases). The nonalcoholic beverages and beverage materials index was up 2.0 percent over the year.

Energy

The energy index decreased 2.0 percent over the month (the first index decline in 2024), mostly due to a 2.5-percent decrease in prices for gasoline. The electricity index was down 1.1 percent. The utility (piped) gas service index declined 2.3 percent, and fuel oil prices also decreased.

Over the year, energy prices were down 1.3 percent, predominantly due to the gasoline index (down 8.0 percent, the largest index decline since last August). The fuel oil index also decreased. Prices for electricity increased 7.9 percent over the year as utility (piped) gas service prices rose 1.8 percent.

All items less food and energy

The index for all items less food and energy was up 0.5 percent in August after a 0.1-percent decline in July. This was largely due to a 0.6-percent increase in the shelter index. Within shelter, the owners’ equivalent rent of residences index was also up 0.6 percent, and the rent of primary residence index rose 0.7 percent. The apparel index also contributed to the overall rise as it advanced 2.8 percent over the month. The 0.5-percent increase in the education and communication index was led by a 0.9-percent uptick in prices for tuition, other school fees, and childcare.

Over the year, the index for all items less food and energy was up 4.0 percent, mainly because of the 6.3-percent rise in the shelter index. Within shelter, the owners’ equivalent rent of residences index was up 6.4 percent, and the rent of primary residence index was up 5.9 percent. The medical care index was up 2.6 percent over the year, as prices rose for medical care services (up 2.0 percent) and medical care commodities (up 5.5 percent). Two indexes declined over the year: new and used motor vehicles (down 3.7 percent; the fifth consecutive month of decreases) and apparel (down 1.1 percent).

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 Middle Atlantic division was up 0.3 percent. The CPI-U for the New England division increased 0.2 percent.

Over the year, the all items index rose 3.4 percent in the Middle Atlantic division and 3.3 percent 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

0.41.10.24.3-0.27.30.22.60.03.6

August

0.11.10.14.40.37.40.52.80.23.4

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

0.23.4

New England Division

0.23.3

Middle Atlantic Division

0.33.4

The September Consumer Price Index for the Northeast Region is scheduled to be released on October 10, 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
Jun.
2024
Jul.
2024
Aug.
2024
Aug.
2023
Jun.
2024
Jul.
2024

All items

Go to web page with historical data for series CUUR0100SA0
325.271325.339326.1403.40.30.2

All items (December 1977 = 100)

Go to web page with historical data for series CUUR0100AA0
512.202512.309513.571   

Food and beverages

Go to web page with historical data for series CUUR0100SAF
329.007329.749329.9112.10.30.0

Food

Go to web page with historical data for series CUUR0100SAF1
331.469332.234332.4352.20.30.1

Food at home

Go to web page with historical data for series CUUR0100SAF11
307.891309.000308.9351.00.30.0

Cereals and bakery products

Go to web page with historical data for series CUUR0100SAF111
386.874385.818387.3740.00.10.4

Meats, poultry, fish, and eggs

Go to web page with historical data for series CUUR0100SAF112
313.613313.213318.7294.11.61.8

Dairy and related products

Go to web page with historical data for series CUUR0100SEFJ
276.169279.924279.1240.71.1-0.3

Fruits and vegetables

Go to web page with historical data for series CUUR0100SAF113
347.943353.095352.107-0.11.2-0.3

Nonalcoholic beverages and beverage materials

Go to web page with historical data for series CUUR0100SAF114
221.119225.084221.1292.00.0-1.8

Other food at home

Go to web page with historical data for series CUUR0100SAF115
282.135280.052278.451-0.3-1.3-0.6

Food away from home

Go to web page with historical data for series CUUR0100SEFV
373.582373.682374.3904.20.20.2

Alcoholic beverages

Go to web page with historical data for series CUUR0100SAF116
295.121295.550295.1880.70.0-0.1

Housing

Go to web page with historical data for series CUUR0100SAH
353.688354.777355.9385.50.60.3

Shelter

Go to web page with historical data for series CUUR0100SAH1
436.491437.068439.7506.30.70.6

Rent of primary residence

Go to web page with historical data for series CUUR0100SEHA
436.003438.034441.0485.91.20.7

Owners' equivalent rent of residences(1)

Go to web page with historical data for series CUUR0100SEHC
451.832453.685456.3236.41.00.6

Owners' equivalent rent of primary residence(1)

Go to web page with historical data for series CUUR0100SEHC01
451.377453.220455.8686.41.00.6

Fuels and utilities

Go to web page with historical data for series CUUR0100SAH2
298.760302.989299.0763.60.1-1.3

Household energy

Go to web page with historical data for series CUUR0100SAH21
266.665271.118266.6033.70.0-1.7

Energy services

Go to web page with historical data for series CUUR0100SEHF
264.900269.198265.4596.30.2-1.4

Electricity

Go to web page with historical data for series CUUR0100SEHF01
282.480288.277285.2387.91.0-1.1

Utility (piped) gas service

Go to web page with historical data for series CUUR0100SEHF02
211.964213.020208.1681.8-1.8-2.3

Household furnishings and operations

Go to web page with historical data for series CUUR0100SAH3
145.986147.046146.2921.30.2-0.5

Apparel

Go to web page with historical data for series CUUR0100SAA
134.081130.491134.137-1.10.02.8

Transportation

Go to web page with historical data for series CUUR0100SAT
267.276267.463267.1011.0-0.1-0.1

Private transportation

Go to web page with historical data for series CUUR0100SAT1
266.037267.701267.7171.10.60.0

New and used motor vehicles(2)

Go to web page with historical data for series CUUR0100SETA
124.559124.986125.016-3.70.40.0

New vehicles

Go to web page with historical data for series CUUR0100SETA01
174.977174.967174.634-0.5-0.2-0.2

New cars(3)

Go to web page with historical data for series CUUR0100SS45011
164.957164.696164.462-0.8-0.3-0.1

Used cars and trucks

Go to web page with historical data for series CUUR0100SETA02
193.788192.432190.911-9.0-1.5-0.8

Motor fuel

Go to web page with historical data for series CUUR0100SETB
302.221303.288295.782-8.0-2.1-2.5

Gasoline (all types)

Go to web page with historical data for series CUUR0100SETB01
301.867302.970295.432-8.0-2.1-2.5

Gasoline, unleaded regular(3)

Go to web page with historical data for series CUUR0100SS47014
296.618297.770289.880-8.5-2.3-2.6

Gasoline, unleaded midgrade(3)(4)

Go to web page with historical data for series CUUR0100SS47015
330.810331.681325.231-5.9-1.7-1.9

Gasoline, unleaded premium(3)

Go to web page with historical data for series CUUR0100SS47016
327.141327.972322.489-4.9-1.4-1.7

Medical care

Go to web page with historical data for series CUUR0100SAM
578.651572.336573.3462.6-0.90.2

Medical care commodities

Go to web page with historical data for series CUUR0100SAM1
425.037424.001423.4275.5-0.4-0.1

Medical care services

Go to web page with historical data for series CUUR0100SAM2
623.580615.631617.1372.0-1.00.2

Professional services

Go to web page with historical data for series CUUR0100SEMC
425.588425.016425.014-2.2-0.10.0

Recreation(2)

Go to web page with historical data for series CUUR0100SAR
143.728142.794142.9802.4-0.50.1

Education and communication(2)

Go to web page with historical data for series CUUR0100SAE
155.197155.599156.3701.00.80.5

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

Go to web page with historical data for series CUUR0100SEEB
1,414.7641,422.1471,434.3132.01.40.9

Other goods and services

Go to web page with historical data for series CUUR0100SAG
607.588610.227606.7022.9-0.1-0.6

Commodity and service group

Commodities

Go to web page with historical data for series CUUR0100SAC
229.461229.201229.046-0.5-0.2-0.1

Commodities less food and beverages

Go to web page with historical data for series CUUR0100SACL11
177.957177.303177.027-2.3-0.5-0.2

Nondurables less food and beverages

Go to web page with historical data for series CUUR0100SANL11
230.342228.745228.710-2.1-0.70.0

Durables

Go to web page with historical data for series CUUR0100SAD
120.849120.881120.490-2.5-0.3-0.3

Services

Go to web page with historical data for series CUUR0100SAS
417.230417.612419.3275.50.50.4

Special aggregate indexes

All items less shelter

Go to web page with historical data for series CUUR0100SA0L2
286.376286.252286.3491.80.00.0

All items less medical care

Go to web page with historical data for series CUUR0100SA0L5
314.159314.513315.3053.50.40.3

Commodities less food

Go to web page with historical data for series CUUR0100SACL1
182.239181.611181.332-2.2-0.5-0.2

Nondurables

Go to web page with historical data for series CUUR0100SAN
279.062278.609278.6710.3-0.10.0

Nondurables less food

Go to web page with historical data for series CUUR0100SANL1
234.122232.653232.598-1.9-0.70.0

Services less rent of shelter(1)

Go to web page with historical data for series CUUR0100SASL2RS
409.225409.397410.0554.50.20.2

Services less medical care services

Go to web page with historical data for series CUUR0100SASL5
403.031403.982405.7105.90.70.4

Energy

Go to web page with historical data for series CUUR0100SA0E
282.219285.253279.467-1.3-1.0-2.0

All items less energy

Go to web page with historical data for series CUUR0100SA0LE
333.307333.142334.4753.80.40.4

All items less food and energy

Go to web page with historical data for series CUUR0100SA0L1E
335.745335.415336.9564.00.40.5

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: Wednesday, September 11, 2024