WASHINGTON — Retail apparel prices declined 0.1 percent in January compared with December, but rose 1.7 percent compared with a year earlier, the Labor Department said Friday in its Consumer Price Index.
Women¹s apparel prices increased 0.2 percent in January and advanced 2.8 percent year-over-year. Men¹s apparel prices were up 0.7 percent month-to-month but declined 0.2 percent in 12-month comparisons.
The overall CPI rose 0.2 percent in January and increased 2.6 percent compared with a year earlier. The increase was less than expected. The so-called core prices, which exclude the volatile food and energy sectors, declined 0.1 percent month-to-month but increased 1.6 percent in 12-month comparisons.
For complete coverage, see Monday’s WWD.