updated
Wednesday, 10:16 AM
From the Boston Globe Business Team

Hub's consumer price index rises sharply

August 14, 2008 10:16 AM Email| Comments (0)| Text size +

The consumer price index for Greater Boston has risen 6.3 percent since July 2007, the highest annual inflation increase recorded since 1990, the Bureau of Labor Statistics said today.

Nationwide, the Greater Boston increase was also the biggest for all metropolitan areas that posted data for July, said the bureau, which is part of the US Department of Labor; the national annual increase was 5.6 percent.

The increase in Greater Boston was "largely attributable" to increases in the housing costs and higher prices for gas and utilities, the bureau said.
(By Chris Reidy, Globe staff)

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