Business

Consumer prices increase in Boston, US

Consumer prices in the Boston metropolitan area rose by 2.1 percent over the past year, consistent with the national average, the Labor Department reported Tuesday.

Housing and energy costs drove inflation in the region last month. Overall energy costs climbed 5.2 percent from a year earlier. Electricity prices jumped more than 9 percent, more than double the 3.6 percent increase nationally, but natural gas prices declined in the Boston area.

Advertisement

Gasoline prices increased 5 percent from May 2013, more than double the national average of 2.3 percent. Still, gasoline prices remained lower in Boston, at monthly average of $3.70 per gallon compared to $3.75 in the rest of the country.

Housing costs in the Boston area rose just over 3 percent from a year ago, slightly faster than national average. Food prices in May, however, increased less than 1 percent from year earlier, less than half the national increase of 2.5 percent.

Jack Newsham can be reached at jack.newsham@globe.com. Follow him on Twitter @TheNewsHam.
Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
You're reading  1 of 5 free articles.
Get UNLIMITED access for only 99¢ per week Subscribe Now >
You're reading1 of 5 free articles.Keep scrolling to see more articles recomended for you Subscribe now
We hope you've enjoyed your 5 free articles.
Continue reading by subscribing to Globe.com for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com