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News Release Information

23-1001-PHI
Wednesday, May 10, 2023

Contacts Technical information: Media contact:

Consumer Price Index, Northeast Region – April 2023

Area prices were up 0.2 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), increased by 0.2 percent in April, the U.S. Bureau of Labor Statistics reported today. (See table A.) Regional Commissioner Alexandra Hall Bovee noted that the April increase was due to a 0.3-percent rise in the all items less food and energy index which was largely the result of higher shelter prices. The food index also rose 0.2 percent while the energy index decreased 0.6 percent due to lower household energy prices. (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, mainly due to a 4.2-percent rise in the all items less food and energy index which was also led by increases within the shelter component. (See chart 1 and table A.) The food index continued moderating, rising only 7.4 percent (down from a peak of 10.3 percent in October), while the energy index decreased 5.7 percent, down for the second consecutive month after 25 months of over-the-year increases which peaked at 44.2 percent in June 2022. (See table 1.)

Food

In April, the food index rose 0.2 percent, as prices for food away from home increased 0.3 percent and prices for food at home were up 0.1 percent. (See table 1.) Within the food at home category, the fruits and vegetables index advanced 1.3 percent after falling 2.7 percent last month. Prices for cereals and bakery products were up 0.6 percent and prices for the other food at home index rose 0.2 percent. The remaining grocery categories partially offset these increases — nonalcoholic beverages and beverage materials prices were down 1.3 percent, the largest drop since November 2020. The index for meats, poultry, fish, and eggs decreased 0.3 percent and dairy and related products declined 0.5 percent over the month, both continuing declines from March.

From April 2022 to April 2023, the food index increased 7.4 percent while the food at home index rose 7.0 percent, both continuing to moderate from their peaks last year to the smallest increases in over a year. Within food at home, prices for the other food at home category increased 10.2 percent and cereals and bakery products prices were up 13.0 percent. The rest of the grocery categories increased, but at a slower pace than in recent months. The food away from home index was up 8.1 percent, about the same as last month.

Energy

The energy index decreased 0.6 percent over the month as all energy categories declined except for gasoline. The utility (piped) gas service index was down 5.8 percent; the index has decreased each month in 2023. Prices for electricity were down 2.5 percent, the third decline in a row, and fuel oil also declined. The gasoline index was up 4.5 percent in April, offsetting much of the decrease in household energy, and was the largest increase since November 2022 although gasoline prices dropped in 7 of the last 12 months.

Energy prices continued to decline over the year, down 5.7 percent; last month’s 5.0-percent decrease was the first since January 2021. The April-to-April decline was mainly due to gasoline, down 13.8 percent. Fuel oil prices also dropped, and the utility (piped) gas service index was down 0.9 percent — the first decline since December 2020. Slightly offsetting the overall energy index downward movement was a 9.4-percent increase in prices for electricity, the first single-digit increase in that index since February 2022; substantial over-the-year increases peaked in February 2023 at 44.2 percent.

All items less food and energy

The index for all items less food and energy rose 0.3 percent in April, mainly due to a 0.5-percent rise in the shelter index. Within shelter, the owners’ equivalent rent of residences index was up 0.5 percent, rent of primary residence was up 0.4 percent, and lodging away from home also increased. A 1.2-percent increase in the new and used motor vehicles index also contributed to the overall rise, as prices for used cars and trucks advanced 4.7 percent (the largest increase since June 2021) and new vehicles rose 0.4 percent. There were major categories that had declining prices that counteracted some of the overall increase. Apparel prices dropped 2.6 percent (in the last 10 years, the apparel index decreased 8 out of 10 times in April). The education and communication index declined 0.2 percent and the medical care index was down 0.1 percent as prices for medical care services decreased 0.3 percent over the month.

Over the year, the index for all items less food and energy was up 4.2 percent, primarily because of the 6.3-percent increase in the shelter index, about the same as the previous 2 months. In the shelter category, owners’ equivalent rent of residences rose 6.1 percent and rent of primary residence advanced 6.9 percent as both indexes have continued to steadily increase over the past year. The only major index category to decrease over the year was medical care, down a historic 1.4 percent, which is the largest decrease since the index began in 1978. The medical care index decline was due to a 2.4 percent decrease in the medical care services index, now the series low in that index after last month’s record 1.1 percent decline.

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 increased by 0.3 percent. For the Middle Atlantic division, the all items CPI-U index increased 0.2 percent over the month.

Over the year, the all items index advanced 3.9 percent in the Middle Atlantic division and 3.8 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
Month 2019 2020 2021 2022 2023
1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month

January

0.3 1.5 0.7 2.3 0.4 1.1 0.8 6.3 0.7 6.0

February

0.2 1.3 0.3 2.4 0.4 1.2 0.7 6.6 0.5 5.9

March

0.5 1.7 -0.2 1.7 0.6 2.1 1.3 7.3 -0.2 4.3

April

0.4 1.7 -0.4 0.8 0.7 3.3 0.6 7.2 0.2 3.8

May

0.3 1.5 0.0 0.6 0.6 3.9 0.9 7.5

June

0.1 1.6 0.3 0.8 1.0 4.6 1.2 7.6

July

0.1 1.7 0.4 1.1 0.2 4.3 -0.2 7.3

August

0.1 1.5 0.1 1.1 0.1 4.4 0.3 7.4

September

0.0 1.4 0.1 1.2 0.3 4.6 0.1 7.2

October

-0.1 1.5 -0.2 1.1 0.6 5.4 0.3 6.9

November

0.1 1.9 0.1 1.1 0.6 6.0 0.1 6.4

December

-0.1 1.9 0.2 1.4 0.2 5.9 -0.1 6.1
Table B. CPI-U 1-month and 12-month percent changes, all items index, Northeast region and divisions, not seasonally adjusted
Area 1-month change 12-month change

Northeast

0.2 3.8

New England Division

0.3 3.8

Middle Atlantic Division

0.2 3.9

The May 2023 Consumer Price Index for the Northeast Region is scheduled to be released on June 13, 2023.


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 category Indexes Percent change from
Historical
data
Feb.
2023
Mar.
2023
Apr.
2023
Apr.
2022
Feb.
2023
Mar.
2023

All items

311.986 311.243 311.848 3.8 0.0 0.2

All items (December 1977 = 100)

491.282 490.113 491.065      

Food and beverages

321.002 321.324 321.924 7.3 0.3 0.2

Food

323.444 323.698 324.220 7.4 0.2 0.2

Food at home

306.838 306.434 306.734 7.0 0.0 0.1

Cereals and bakery products

378.465 382.573 384.795 13.0 1.7 0.6

Meats, poultry, fish, and eggs

313.306 311.801 310.927 3.3 -0.8 -0.3

Dairy and related products

282.111 281.180 279.655 6.7 -0.9 -0.5

Fruits and vegetables

361.145 351.421 356.141 1.6 -1.4 1.3

Nonalcoholic beverages and beverage materials

215.541 216.027 213.149 9.3 -1.1 -1.3

Other food at home

275.825 279.136 279.586 10.2 1.4 0.2

Food away from home

350.401 352.173 353.192 8.1 0.8 0.3

Alcoholic beverages

287.371 288.614 290.272 5.5 1.0 0.6

Housing

333.577 333.279 333.309 5.7 -0.1 0.0

Shelter

402.811 404.754 406.734 6.3 1.0 0.5

Rent of primary residence

406.089 407.727 409.454 6.9 0.8 0.4

Owners' equivalent rent of residences(1)

416.140 417.564 419.513 6.1 0.8 0.5

Owners' equivalent rent of primary residence(1)

415.759 417.206 419.161 6.1 0.8 0.5

Fuels and utilities

312.195 301.409 292.031 2.3 -6.5 -3.1

Household energy

282.706 271.169 261.072 1.4 -7.7 -3.7

Energy services

277.196 265.174 255.735 5.9 -7.7 -3.6

Electricity

277.558 269.856 263.170 9.4 -5.2 -2.5

Utility (piped) gas service

256.212 237.091 223.256 -0.9 -12.9 -5.8

Household furnishings and operations

145.747 144.868 144.516 4.5 -0.8 -0.2

Apparel

136.335 138.005 134.380 3.6 -1.4 -2.6

Transportation

252.783 251.864 256.154 0.2 1.3 1.7

Private transportation

250.860 249.439 253.727 0.1 1.1 1.7

New and used motor vehicles(2)

124.621 124.647 126.095 1.0 1.2 1.2

New vehicles

172.869 173.452 174.076 5.8 0.7 0.4

New cars(3)

164.302 164.982 165.168 5.5 0.5 0.1

Used cars and trucks

193.092 194.785 203.997 -6.4 5.6 4.7

Motor fuel

293.390 287.636 300.236 -14.0 2.3 4.4

Gasoline (all types)

291.823 286.289 299.268 -13.8 2.6 4.5

Gasoline, unleaded regular(3)

286.789 281.283 294.705 -14.5 2.8 4.8

Gasoline, unleaded midgrade(3)(4)

318.903 313.001 323.773 -11.6 1.5 3.4

Gasoline, unleaded premium(3)

315.196 309.669 319.443 -9.0 1.3 3.2

Medical care

575.275 561.165 560.352 -1.4 -2.6 -0.1

Medical care commodities

396.336 397.262 400.255 3.6 1.0 0.8

Medical care services

627.903 609.273 607.307 -2.4 -3.3 -0.3

Professional services

432.476 430.906 430.162 0.4 -0.5 -0.2

Recreation(2)

138.639 138.262 138.529 1.6 -0.1 0.2

Education and communication(2)

154.904 154.764 154.437 1.3 -0.3 -0.2

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

1,379.692 1,379.610 1,379.770 2.8 0.0 0.0

Other goods and services

580.957 586.037 587.742 6.4 1.2 0.3

Commodity and service group

Commodities

227.225 227.286 227.857 2.0 0.3 0.3

Commodities less food and beverages

178.177 178.130 178.661 -1.3 0.3 0.3

Nondurables less food and beverages

227.953 227.294 227.633 -2.8 -0.1 0.1

Durables

122.693 123.046 123.631 0.2 0.8 0.5

Services

393.427 391.922 392.562 5.0 -0.2 0.2

Special aggregate indexes

All items less shelter

280.716 278.942 279.029 2.6 -0.6 0.0

All items less medical care

300.392 300.259 300.930 4.3 0.2 0.2

Commodities less food

182.244 182.231 182.797 -1.1 0.3 0.3

Nondurables

273.924 273.743 274.211 2.7 0.1 0.2

Nondurables less food

231.412 230.870 231.290 -2.2 -0.1 0.2

Services less rent of shelter(1)

396.434 390.861 389.951 3.3 -1.6 -0.2

Services less medical care services

377.232 376.926 377.749 5.8 0.1 0.2

Energy

288.596 279.181 277.641 -5.7 -3.8 -0.6

All items less energy

318.113 318.113 318.911 4.6 0.3 0.3

All items less food and energy

319.196 319.151 320.004 4.2 0.3 0.3

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: Wednesday, May 10, 2023