Apparel Prices Rise Marginally in April

Print Friendly, PDF & Email

Inflation increased in April compared to a year ago, buoyed by increases in energy, food, shelter, transportation services and healthcare. Apparel prices rose negligibly.

According to Consumer Price Index (CPI) data released last week by the U.S. Department of Commerce, prices for all goods and services rose by 2.2% (adjusted for seasonality) compared to the same month last year. Energy prices, which fell in the month, remain significantly higher than a year ago. The core inflation rate, which excludes food and energy, increased by 1.9%.

The apparel and footwear price index increased by 0.5%.

Apparel prices (excluding footwear) rose by 0.4% compared to April 2016, their smallest increases in four months. Footwear prices rose by about the same amount, up 0.5%.

Womenswear prices increased by 0.8% in the month, while menswear prices fell by 1.9%.

Children’s apparel suffered a 1.5% price decline, primarily due to a drop in boys’ apparel prices and a shift toward value channels.


Recent News

World Bank Report: Technology Threatens to Draw New Sourcing Map

As advances in technology and changing trade patterns affect opportunities for export-led manufacturing, innovations such as smart automation, advanced robotics and 3-D printing are increasingly influencing which locations are attractive for production.

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

Here’s How EU Brands are Sourcing for Speed to Market

In Europe, sourcing in Asia isn’t the standard go to. The region’s cluster of sourcing countries—which includes places like Tunisia, Greece and Portugal—has provided an ecosystem that’s supporting European brands’ speed to market needs.

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

Thread Giant American & Efird Partners with CGS to Enhance Productivity

American & Efrid has formed a business alliance with CGS, a provider of business applications, enterprise learning and outsourcing services, to improve productivity, quality and employee motivation within A&E’s manufacturing operations.

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