TODAY'S PAPER
35° Good Morning
CLOSINGS
35° Good Morning
Business

New York area inflation is flat

Gasoline pump

Gasoline pump Credit: AP

Although gasoline prices went up, inflation for the greater New York area was flat in November compared to October, the Bureau of Labor Statistics said.

Gas prices rose 4.3 percent from the previous month, but that was offset by declines for lower hotel rates and pre-holiday apparel sales, which are typical for that time of year.

The Consumer Price Index rose 1.3 percent last month, compared to a year ago.

--------------------
Read more of Inside Long Island Business

More news