US: Apparel prices fall in January
Apparel prices in the US declined in January after an increase in December, and have fallen over the past year, according to official figures from the US Bureau of Labor Statistics.
The Consumer Price Index for All Urban Consumers (CPI-U) was up 0.1% as a whole in January on a seasonally adjusted basis, and has risen 1.6% over the past year before seasonal adjustment.
The index for all items less food and energy – which includes apparel – was up 0.1% in January, although the apparel index fell by 0.3% after rising the month before.
On year-on-year basis, the index for all items less food and energy has risen by 1.6%, but the apparel index has declined over the past 12 months.
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