Apparel Prices Rebound in March

Apparel and footwear prices rose in March, according to data just released by the U.S. Department of Commerce, finally resisting the downward pressure that had been plaguing the category during the prior two months.

Overall inflation increased by a more-than-expected 1.5% in March, much of it due to housing and food price increases. Energy prices were tamed a bit, resulting in a core inflation rate rise of 1.7%.

The index for apparel and footwear, swung from a 0.6% drop last month to a 0.5% increase in March.

CPI1

Apparel prices (excluding footwear) gained 0.8%, compared to a 0.4% drop in February. Footwear prices dropped by 1%.

CPI2

Women’s apparel prices jumped by 1.6% in the month, while menswear prices rose by only 0.2%.

The price index for infants’ and children’s apparel increased for the first time in fourteen months, up 0.7 percent. Girlswear prices edged up by 0.5 percent, an improvement over their 3% February drop. Boys’ apparel prices increased 2%.

CPI3

Related Article
Personalized Pricing Could Help Solve the Markdown Problem

Newsfeed


Recent News

Apparel Stories From Around the Web

This week the apparel industry grappled with political views, transformed New York Fashion Week with new technologies and promoted sustainable wardrobes among sports fans.

This content is for Annual, Monthly and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or register.
Log In Register
Read more