Consumer prices edge up in metropolitan area
Workers replace poles with taller ones on Toilsome Lane in East Hampton. The federal Bureau of Labor Statistics reported Tuesday, April 15, 2014, that electric bills soared 13.2 percent, year over year, while the cost of natural gas and gasoline fell 4.2 percent and 4.4 percent, respectively. Credit: John Roca
Consumer prices in the metropolitan area edged up last month from a year earlier on higher costs for electricity and housing.
The federal Bureau of Labor Statistics reported Tuesday that its consumer price index for the 31-county region that includes Long Island rose 1.3 percent in March compared with a year ago.
Electric bills soared 13.2 percent, year over year, while the cost of natural gas and gasoline fell 4.2 percent and 4.4 percent, respectively.
Grocery prices rose nine tenths of one percent from March 2013.
The cost of health care was up 2.2 percent last month from a year earlier. Residential rents increased 2.4 percent while clothing prices were off seven tenths of one percent.
Year-over-year percentage increase in prices in the 31-county metropolitan region that includes Long Island.
SOURCE: U.S. Bureau of Labor Statistics
Sarra Sounds Off, Season 3, Ep 3: Top football teams in action, fantasy update and plays of the week Gregg Sarra sounds off on the Northport and Half Hollow Hills East matchup, plus Tess Ferguson has an update on the high school fantasy football standings and Jared Vailuzzi has the plays of the week.
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