The Consumer Price Index for urban consumers nationwide increased 0.7 percent over the past twelve months, with increases by region ranging from 0 percent in the Midwest to 1.8 percent in the far West, according to the monthly CPI report from the U.S. Bureau of Labor Statistics released Wednesday. In the Northeast, the largest year-over-year price increases by expenditure category were 2.7 percent for shelter and 2.4 percent for education and communication. Falling prices for gas and motor fuel spurred a 15.3 percent year-over-year decline in energy prices in our region.
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