Women’s Apparel Keeps Getting Cheaper

shopping mall pixabay
The long stretch of falling womenswear prices doesn’t appear to be ending anytime soon.

The U.S. Labor Department’s latest Consumer Price Index (CPI), released Friday, revealed that apparel inched up 0.2% in August—a meagre increase, yes, but clothing prices have only fallen three out of the last seven months. In fact, prices are up 0.3% in the 12 months ended Aug. 31 compared to last year.

By category, men’s apparel prices rose 1.2% last month (suits, sport coats and outerwear registered the biggest increases) and prices for boys’ clothing crept up 0.4%. On a year-over-year basis, prices are up 1.1% in menswear and 3.2% in boyswear.

The same can’t be said for womenswear which fell 2.4% overall last month, with prices declining in all major categories: outerwear dropped 6.6%, dresses decreased 1.9%, women’s suits and separates were down 2 percent and intimates, sleep and sportswear slipped 1.8%. On a year-over-year basis, womenswear prices are down 0.4%.

Girls’ apparel prices rose 3.9% in August—a massive improvement from July when girlswear prices fell 5.5%, but still down 2.8% versus last year.

Overall, the CPI—which is what people pay for food, clothing, fuels and other goods and services—increased 0.2% in August and it’s up 1.1% over the last year. By comparison, the index for all items was flat in July and increased 0.2% in both June and May.

Related Article
Promotional Holiday Puts Pressure on Apparel Prices

Recent News

Trump Pledges a Quick Post-Brexit Trade Deal with the UK

Print PDFPrint PDFThe Times of London and Germany’s Bild newspapers conducted an exclusive interview with President-elect Donald Trump. During the conversation–which covered a range of topics including potentially lifting sanctions on Russia to get them to the table on a nuclear weapons deal and more...

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

ILO Highlights Vulnerabilities in Cambodia’s Apparel Industry

Cambodia’s apparel and footwear industries are flourishing. But that could change in light of several factors related to Brexit and the country’s overall economic growth, according to a bulletin by the International Labor Organization.

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

Cotton Inc Unveils Cotton-Blend Fabrics Powered by Cordura

Print PDFPrint PDF“The Fabric of Our Lives” is getting an upgrade. Cotton Incorporated, the research and promotion company of U.S. cotton growers and importers, and Invista’s Cordura brand have teamed up for the first time to create cotton-blend fabrics with Cordura’s performance benefits. The collaboration...

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