Fashion prices slow down in the United States: 1.6% drop in November
Looking at month-on-month terms, the industry records a 0.1% inflation, according to US Bureau of Labor Statistics data.
Fashion prices in United States drop in November with a 0.1% inflation recorded. During the consumer price index apparel fell 1.6%, according to US Bureau of Labor Statistics data.
Focusing on specific activity groups, menswear category had an annual fall of 0.9% in its prices, while womenswear register a bigger drop, 5.6%.
American footwear, instead, increased its prices 1.9% in November. Also, watchmaking and jewelry had prices up, in 1.8% and 0.8% respectively.
Validation policy for comments:
MDS does not perform prior verification for the publication of comments. However, to prevent anonymous comments from affecting the rights of third parties without the ability to reply, all comments require a valid email address, which won’t be visible or shared.
Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published.