Apparel prices in the US increased in September

Apparel prices in the US increased in September

Apparel prices in the US dropped in September, for a second consecutive month, according to new figures.

The US Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1% on a seasonally adjusted basis in September, the US Bureau of Labor Statistics announced. This translates into a 1.7% year-on-year increase before seasonal adjustment.

Apparel pricing was unchanged with a decline of 0.2% month-on-month, remaining flat over the last 12 months.

The index for all items less food and energy rose 0.1 percent in September, unchanged on
August.

On an annual basis, it was up 1.7%, unchanged from August's increase.