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Inside Long Island business

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Consumer prices rise in metro NYC

The federal Bureau of Labor Statistics reported Friday

Photo credit: Ken Spencer, 2006

The consumer price index for the metropolitan area rose 2.8 percent last month compared with a year earlier because of higher prices for food and housing.

The federal Bureau of Labor Statistics reported Friday that grocery prices were up 4.1 percent in January from 2011 while rents increased 2 percent on the same year-over-year period.

The bureau defines the metropolitan area as the...

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