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<br />Energy prices declined over the year, down 3.1 percent, reflecting price decreases for all three major components. Gasoline prices were down 4.7
<br />percent since September 2013; prices were also lower for utility (piped) gas service and electricity, down 4.0 and 0.7 percent, respectively.
<br />All items Tess food and energy
<br />The index for all items less food and energy edged up 0.2 percent over the month. A seasonal increase in prices for apparel (3.7 percent) led the
<br />advance. Higher prices for medical care (0.3 percent), among others, were moderated by lower prices for recreation and household furnishings and
<br />operations (-0.1 percent each) since August.
<br />The all items less food and energy index rose 1.5 percent over the year. The advance primarily reflected a 2.5 -percent increase in prices for shelter.
<br />Lower prices for household furnishings and operations (-1.0 percent) and recreation (-0.1 percent) moderated the increase in the all items less food and
<br />energy index since last September.
<br />Table A. Northeast region CPI -U 1 -month and 12 -month percent changes, all items index (not seasonally adjusted)
<br />2009 2010 2011 ' 2012 2013 2014
<br />Month 11 -month 12 -month 1 -month 12 -month 1 -month 12 -month I 1 -month 12 -month 1 -month 12 -month ! 1 -month 112 -month
<br />! January 0.2 0.5' 0.4 3.0 0.4 1.61 0.4 2.9, 0.3 1.8, 0.6 1.5�
<br />i February 0.6. 0.7 0.0 2.5 0.5 2.0 0.4 2.8 0.6 2.0; 0.11 1.0!
<br />March 0.2' 0.2: 0.3 2.6 0.8 2.51 0.5 2.5- 0.0 1.51 0.5 1.5
<br />' April 0.21 -0.11 0.2 2.5 0.5 2.81 0.3 2.3 -0.1 1 11 0.0 1.6'
<br />May 0.11 -0.8. 0.2 2.6 0.5 3.21 -0.1, 1 7 0.01 1.21 0.4 2.01
<br />June 0.8; -1.2 -0.1 1 7 0.11 3.41 -0.2 1.5 0 1 1.51 0.0 1.9;
<br />! July 0.1 -1.9 0.0' 1.6 0.2 3.6; -0.1 1 1 0.2 1.8i 0.1 1.8
<br />August 0.31 1.2; 0.1 1 4 0.3 3.8L 0.5 1.3 0.2 1.51 -0.3 1.3
<br />September 0.1' -0.7' -0.1 1.21 0.1 4.01 0.5 1 7 0.1 1 1 0.0 1.2:
<br />October 0.01 0.2 0.3 1.5 -0.1 3.6 0.1 1.9 -0.41 0.71
<br />' November 0.21 2.0 0.2' 1.5 -0.1 3.21 0.2 1.8 0 1 1.0;
<br />, December -0.1' 2.8 0.0 1.6 -0.3 2.91. -0.3 1.8 0.01 1.3'
<br />The October 2014 Consumer Price Index for the Northeast region is scheduled to be released on November 20, 2014, at 8:30 a.m. (ET).
<br />Technical Note
<br />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
<br />Labor Statistics publishes CPIs for two population groups: (1) a CPI for All Urban Consumers (CPI -U) which covers approximately 88 percent of the total
<br />population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI -W) which covers 29 percent of the total population. The CPI -U includes, in
<br />addition to wage earners and clerical workers, groups such as professional, managerial, and technical workers, the self-employed, short-term workers,
<br />the unemployed, and retirees and others not in the labor force.
<br />The CPI is based on prices of food, clothing, shelter, and fuels, transportation fares, charges for doctors' and dentists' services, drugs, and the other
<br />goods and services that people buy for day-to-day living. Each month, prices are collected in 87 urban areas across the country from about 4,000 housing
<br />units and approximately 26,000 retail establishments -department stores, supermarkets, hospitals, filling stations, and other types of stores and service
<br />establishments. All taxes directly associated with the purchase and use of items are included in the index.
<br />The index measures price changes from a designated reference date (1982-84) that equals 100.0. An increase of 16.5 percent, for example, is shown as
<br />116.5. This change can also be expressed in dollars as follows: the price of a base period "market basket" of goods and services in the CPI has risen from
<br />$10 in 1982-84 to $11.65. For further details see the CPI home page on the Internet at www.bls.gov/cpi and the BLS Handbook of Methods, Chapter 17,
<br />The Consumer Price Index, available on the Internet at www.b1s.gov/ooub/hom/homchl7 a.htm.
<br />In calculating the index, price changes for the various items in each location are averaged together with weights that represent their importance in the
<br />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
<br />smaller, the local area index is subject to substantially more sampling and other measurement error than the national index. In addition, local indexes are
<br />not adjusted for seasonal influences. As a result, local area indexes show greater volatility than the national index, although their long-term trends are
<br />quite similar. NOTE: Area indexes do not measure differences in the level of prices between cities; they only measure the average change
<br />in prices for each area since the base period.
<br />The Northeast region is comprised of Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and
<br />Vermont.
<br />Information in this release will be made available to sensory impaired individuals upon request. Voice phone: 202-691-5200; Federal Relay Service: 1-
<br />800-877-8339.
<br />Table 1. Consumer Price index for Ali Urban Consumers (CPI -U): indexes and percent changes for selected periods
<br />Northeast (1982-84=100 unless otherwise noted)
<br />http://www.bls.gov/regions/mid-atlantic/news-release/consumerpriceindex northeast.htm 11/18/2014
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