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News Release Information

24-2140-PHI
Thursday, October 10, 2024

Contacts Technical information: Media contact:

Consumer Price Index, Northeast Region – September 2024

Area prices were up 0.3 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 0.3 percent in September, 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 index and the education and communication index. These contributed to the 0.5-percent increase in the all items less food and energy index. The food index was up 0.6 percent over the month while the energy index tempered the overall increase as it declined 2.1 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 due to a rise in the shelter index which contributed to the 4.2-percent increase in the all items less food and energy index.(See chart 1.) Food prices rose 2.4 percent, slightly up from last month’s 2.2-percent rise. Energy prices decreased 4.0 percent, mostly due to a decline in gasoline prices. (See table 1.) 

Food

In September, the food index was up 0.6 percent over the month, the largest increase since January’s 0.8 percent. It was mainly due to a 0.7-percent increase in prices for food at home. (See table 1.) Within food at home, most grocery prices rose, led by a 0.9-percent uptick in the miscellaneous other food at home index. The 1.8-percent advance in the nonalcoholic beverages and beverage materials index counterbalanced last month’s 1.8-percent decline in the index. Prices for meats, poultry, fish, and eggs were up 0.9 percent. Cereals and bakery products was the only grocery category to decline, down 0.9 percent partially due to a decrease in prices for breakfast cereals. The food away from home index rose 0.4 percent over the month.

From September 2023 to September 2024, the food index increased 2.4 percent as the food away from home index advanced 4.1 percent. Prices for food at home were up 1.4 percent, led by the meats, poultry, fish, and eggs index as it rose 4.5 percent. The nonalcoholic beverages and beverage materials index was up 4.7 percent over the year, compared to a 4.6-percent increase in July and 2.0 percent in August.

Energy

The energy index decreased 2.1 percent over the month, mostly due to a 5.4-percent decrease in prices for gasoline. This was the largest decline in gasoline prices since December 2022. Fuel oil prices also declined. The electricity index remained unchanged while the utility (piped) gas service index rose 3.5 percent, the largest increase since November 2023.

Over the year, energy prices were down 4.0 percent, predominantly due to the gasoline index as it declined 13.1 percent. The fuel oil index also decreased. Prices for electricity increased 8.3 percent over the year as utility (piped) gas service prices rose 5.6 percent.

All items less food and energy

The index for all items less food and energy was up 0.5 percent in September, the same as last month. This was due to price increases throughout the index. Shelter rose 0.3 percent over the month. Within shelter, the owners’ equivalent rent of residences index and the rent of primary residence index were both up 0.5 percent. The education and communication index rose 1.5 percent as prices for tuition, other school fees, and childcare advanced 2.6 percent. The apparel index also contributed to the overall rise as it advanced 3.0 percent over the month. Both the education and communication index and apparel index have risen in September every year since these indexes began. Tempering the overall rise, the recreation index declined 1.0 percent.

Over the year, the index for all items less food and energy was up 4.2 percent, mainly because of the 5.9-percent rise in the shelter index. Within shelter, the owners’ equivalent rent of residences index rose 6.3 percent, and the rent of primary residence index increased 5.7 percent. The medical care index rose 2.8 percent over the year, due primarily to medical care services increasing 2.5 percent. The new and used motor vehicles index decreased 1.9 percent and was the only index to decline over the year, down for the sixth consecutive month. Used cars and trucks decreased 4.5 percent while new vehicles were down 0.5 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 both divisions was up 0.3 percent.

Over the year, the all items index rose 3.4 percent in both divisions. (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

0.11.20.34.60.17.20.33.00.33.4

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

0.33.4

New England Division

0.33.4

Middle Atlantic Division

0.33.4

The October Consumer Price Index for the Northeast Region is scheduled to be released on November 13, 2024.


Technical Note

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 Consumer Price Index for the Northeast region is published monthly. The set of components and sub-aggregates published for regional and metropolitan indexes is more limited than at the U.S. city average level; these indexes are byproducts of the national CPI program. Each local index has a much smaller sample size than the national or regional indexes and is, therefore, subject to substantially more sampling and other measurement error. As a result, local-area indexes are more volatile than the national or regional indexes. In addition, local indexes are not adjusted for seasonal influences. 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
Jul.
2024
Aug.
2024
Sep.
2024
Sep.
2023
Jul.
2024
Aug.
2024

All items

Go to web page with historical data for series CUUR0100SA0
325.339326.140327.1563.40.60.3

All items (December 1977 = 100)

Go to web page with historical data for series CUUR0100AA0
512.309513.571515.171   

Food and beverages

Go to web page with historical data for series CUUR0100SAF
329.749329.911331.6772.30.60.5

Food

Go to web page with historical data for series CUUR0100SAF1
332.234332.435334.2972.40.60.6

Food at home

Go to web page with historical data for series CUUR0100SAF11
309.000308.935311.0301.40.70.7

Cereals and bakery products

Go to web page with historical data for series CUUR0100SAF111
385.818387.374383.808-0.6-0.5-0.9

Meats, poultry, fish, and eggs

Go to web page with historical data for series CUUR0100SAF112
313.213318.729321.4624.52.60.9

Dairy and related products

Go to web page with historical data for series CUUR0100SEFJ
279.924279.124280.619-0.40.20.5

Fruits and vegetables

Go to web page with historical data for series CUUR0100SAF113
353.095352.107354.844-0.40.50.8

Nonalcoholic beverages and beverage materials

Go to web page with historical data for series CUUR0100SAF114
225.084221.129224.9994.70.01.8

Other food at home

Go to web page with historical data for series CUUR0100SAF115
280.052278.451280.8350.50.30.9

Food away from home

Go to web page with historical data for series CUUR0100SEFV
373.682374.390375.7904.10.60.4

Alcoholic beverages

Go to web page with historical data for series CUUR0100SAF116
295.550295.188295.6620.60.00.2

Housing

Go to web page with historical data for series CUUR0100SAH
354.777355.938357.0675.20.60.3

Shelter

Go to web page with historical data for series CUUR0100SAH1
437.068439.750441.1265.90.90.3

Rent of primary residence

Go to web page with historical data for series CUUR0100SEHA
438.034441.048443.2315.71.20.5

Owners' equivalent rent of residences(1)

Go to web page with historical data for series CUUR0100SEHC
453.685456.323458.6366.31.10.5

Owners' equivalent rent of primary residence(1)

Go to web page with historical data for series CUUR0100SEHC01
453.220455.868458.1826.31.10.5

Fuels and utilities

Go to web page with historical data for series CUUR0100SAH2
302.989299.076300.6843.4-0.80.5

Household energy

Go to web page with historical data for series CUUR0100SAH21
271.118266.603267.9173.4-1.20.5

Energy services

Go to web page with historical data for series CUUR0100SEHF
269.198265.459268.0207.7-0.41.0

Electricity

Go to web page with historical data for series CUUR0100SEHF01
288.277285.238285.2668.3-1.00.0

Utility (piped) gas service

Go to web page with historical data for series CUUR0100SEHF02
213.020208.168215.5195.61.23.5

Household furnishings and operations

Go to web page with historical data for series CUUR0100SAH3
147.046146.292146.4911.9-0.40.1

Apparel

Go to web page with historical data for series CUUR0100SAA
130.491134.137138.1140.85.83.0

Transportation

Go to web page with historical data for series CUUR0100SAT
267.463267.101266.4951.2-0.4-0.2

Private transportation

Go to web page with historical data for series CUUR0100SAT1
267.701267.717266.2291.2-0.5-0.6

New and used motor vehicles(2)

Go to web page with historical data for series CUUR0100SETA
124.986125.016124.902-1.9-0.1-0.1

New vehicles

Go to web page with historical data for series CUUR0100SETA01
174.967174.634174.659-0.5-0.20.0

New cars(3)

Go to web page with historical data for series CUUR0100SS45011
164.696164.462164.021-0.9-0.4-0.3

Used cars and trucks

Go to web page with historical data for series CUUR0100SETA02
192.432190.911190.349-4.5-1.1-0.3

Motor fuel

Go to web page with historical data for series CUUR0100SETB
303.288295.782279.895-13.2-7.7-5.4

Gasoline (all types)

Go to web page with historical data for series CUUR0100SETB01
302.970295.432279.428-13.1-7.8-5.4

Gasoline, unleaded regular(3)

Go to web page with historical data for series CUUR0100SS47014
297.770289.880273.394-13.8-8.2-5.7

Gasoline, unleaded midgrade(3)(4)

Go to web page with historical data for series CUUR0100SS47015
331.681325.231311.312-10.5-6.1-4.3

Gasoline, unleaded premium(3)

Go to web page with historical data for series CUUR0100SS47016
327.972322.489309.385-9.4-5.7-4.1

Medical care

Go to web page with historical data for series CUUR0100SAM
572.336573.346572.0522.80.0-0.2

Medical care commodities

Go to web page with historical data for series CUUR0100SAM1
424.001423.427418.8254.6-1.2-1.1

Medical care services

Go to web page with historical data for series CUUR0100SAM2
615.631617.137616.9032.50.20.0

Professional services

Go to web page with historical data for series CUUR0100SEMC
425.016425.014423.270-2.9-0.4-0.4

Recreation(2)

Go to web page with historical data for series CUUR0100SAR
142.794142.980141.5041.1-0.9-1.0

Education and communication(2)

Go to web page with historical data for series CUUR0100SAE
155.599156.370158.6842.02.01.5

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

Go to web page with historical data for series CUUR0100SEEB
1,422.1471,434.3131,471.2313.63.52.6

Other goods and services

Go to web page with historical data for series CUUR0100SAG
610.227606.702609.4432.7-0.10.5

Commodity and service group

Commodities

Go to web page with historical data for series CUUR0100SAC
229.201229.046228.994-0.6-0.10.0

Commodities less food and beverages

Go to web page with historical data for series CUUR0100SACL11
177.303177.027176.240-2.7-0.6-0.4

Nondurables less food and beverages

Go to web page with historical data for series CUUR0100SANL11
228.745228.710226.642-3.7-0.9-0.9

Durables

Go to web page with historical data for series CUUR0100SAD
120.881120.490120.621-1.4-0.20.1

Services

Go to web page with historical data for series CUUR0100SAS
417.612419.327421.3675.60.90.5

Special aggregate indexes

All items less shelter

Go to web page with historical data for series CUUR0100SA0L2
286.252286.349287.2402.00.30.3

All items less medical care

Go to web page with historical data for series CUUR0100SA0L5
314.513315.305316.4263.50.60.4

Commodities less food

Go to web page with historical data for series CUUR0100SACL1
181.611181.332180.575-2.5-0.6-0.4

Nondurables

Go to web page with historical data for series CUUR0100SAN
278.609278.671278.479-0.30.0-0.1

Nondurables less food

Go to web page with historical data for series CUUR0100SANL1
232.653232.598230.690-3.4-0.8-0.8

Services less rent of shelter(1)

Go to web page with historical data for series CUUR0100SASL2RS
409.397410.055412.9215.20.90.7

Services less medical care services

Go to web page with historical data for series CUUR0100SASL5
403.982405.710407.9055.91.00.5

Energy

Go to web page with historical data for series CUUR0100SA0E
285.253279.467273.529-4.0-4.1-2.1

All items less energy

Go to web page with historical data for series CUUR0100SA0LE
333.142334.475336.0574.00.90.5

All items less food and energy

Go to web page with historical data for series CUUR0100SA0L1E
335.415336.956338.4984.20.90.5

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: Thursday, October 10, 2024