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Cost of living in New Hampshire highest year-to-year since 1990, according to US Bureau of Labor

Cost of living in New Hampshire highest year-to-year since 1990, according to US Bureau of Labor
WMUR’S MIKE CHERRY IS LIVE TO BREAK DOWN A NEW REPORT ABOUT INFLATION. MIKE: TT HAIS RIGHT. WE’VE ALL FELT IT ONE WAY OR ANOTHER. BUT DATA SUGGESTS WE HAVEN’T SEEN THE COST OF LIVING SUERG THIS HIGH YEAR-TO-YEAR SINCE 1990 ACCORDING TO THE REPORT, THE COST OF GOODS AND SERVICESN I THE NORTHEAST ROSE 6.5% BETWEEN FEBRUARY OF 2021 AND LAST FEBRUARY. THAT’S LOWER THAN THE NATIONWIDE AVERAGE OF 7.8%. BUT ONE OF THE COSTLIEST PTSAR OF LIVING HERE IS RELATETOD ENDURING WINTERS, NEW ENGLANDERS NEED TO PAY FOR HEATING FUELND A WINTER CLOTHG.IN IN THE REGION, WE SAW ELECTRICITY PRICES SURGE BY .312 UTILITY GAS SERVICE INCREASED 20.3 WILD MOTOR FUELS ROSE BY 36.4%. -- WHILE MOTOR FUELS ROSE BY 36.4%. AT A U.S. HOUSE HEARING TODAY. CONGRESSWON MAANNIE KUSTER WAS AMONG A NUMBER OF LAW MAKERS ACCUSING SIX OIL EXECUTIVES OF PRICE GAINUG >> AND YET WHILE CONSUMERS ARE BEING PINCHED AT THE PUMP, OIL COMPANIES HAVE BEEN RAKING IN PROFITS AND PUSHING FOR POLICIES THAT WILL ONLY MAKE OUR COUNTRY MORE DEPENDENT UPON OIL. TO THE SIX OIL COMPANIES BEFORE US TODAY, YOU MADE MORE THAN $$75IL BLION IN PROFITS LAST YEAR. LOOKS AS THOUGH BASED ON YOUR FIRST QUARTER YOU’RE ON TRACK FOR RECORD PROFITS AINGA MIKE: KUSTER WENT ON TO SAY, IT’S PAST TIM
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Cost of living in New Hampshire highest year-to-year since 1990, according to US Bureau of Labor
Data suggests the cost of living surge is the highest year-to-year since 1990.According to a new report on inflation, the cost of goods and services in the Northeast rose 6.6% between February of 2021 and last February.The percentage is lower than the nationwide average of 7.8-percent.One of the costliest parts of living in the Northeast is related to enduring winters, where New Englanders need to pay for heating fuel and winter clothing.In the region, electricity prices surged by 12.3%, utility gas service increased 20.3% and motor fuels rose by 36.4 percent.At a U.S. House hearing on Wednesday, Congresswoman Annie Kuster, D-NH, was among a number of lawmakers accusing six oil executives of price gauging."And yet while consumers are getting pinched at the pump, oil companies have been raking in the profits and pushing for policies that will only make our country more dependent upon oil,” Rep. Kuster said. "To the 6 oil companies before us today, you made more than $75 billion in profits last year and it looks as though based on your first quarter - you're on track for record profits again.”Kuster went on to say, it's past time the United States invested in long-term energy independence through clean and renewable energy.

Data suggests the cost of living surge is the highest year-to-year since 1990.

According to a new report on inflation, the cost of goods and services in the Northeast rose 6.6% between February of 2021 and last February.

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The percentage is lower than the nationwide average of 7.8-percent.

One of the costliest parts of living in the Northeast is related to enduring winters, where New Englanders need to pay for heating fuel and winter clothing.

In the region, electricity prices surged by 12.3%, utility gas service increased 20.3% and motor fuels rose by 36.4 percent.

At a U.S. House hearing on Wednesday, Congresswoman Annie Kuster, D-NH, was among a number of lawmakers accusing six oil executives of price gauging.

"And yet while consumers are getting pinched at the pump, oil companies have been raking in the profits and pushing for policies that will only make our country more dependent upon oil,” Rep. Kuster said. "To the 6 oil companies before us today, you made more than $75 billion in profits last year and it looks as though based on your first quarter - you're on track for record profits again.”

Kuster went on to say, it's past time the United States invested in long-term energy independence through clean and renewable energy.