Womenswear Buoys Apparel Prices in December

The consumer price index (CPI) in December had its biggest increase in four months, according to data just released by the U.S. Department of Commerce. Prices for all goods and services rose by 1.5% (unadjusted for seasonality) compared to the same month in 2012, with the core rate of inflation, which takes out food and energy price moves, up 1.7%.

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