WASHINGTON — Wholesale prices for domestically produced women’s apparel continued their long-term decline in June, the Labor Department reported Thursday in its Producer Price Index.
This story first appeared in the July 12, 2002 issue of WWD. Subscribe Today.
Producer prices for women’s apparel fell 0.2 percent last month against May. Compared with June 2001, prices were off 2.4 percent.
However, wholesale prices for all U.S.-produced apparel increased 0.5 percent for the month due to price gains in girls’, children’s and infants’ apparel, as well as men’s and boys’ wear.
Prices for girls’, children’s and infants’ apparel jumped 3.5 percent for the month and climbed 4.4 percent from year-ago levels. Producer prices for men’s and boys’ apparel edged up 0.5 percent in June against May, but were off 2.1 percent from a year-ago.
In the overall economy, higher energy and auto prices in June pushed wholesale prices for all U.S.-made goods up 0.1 percent for the first monthly increase in three months. But compared with June 2001, overall producer prices last month fell 2.1 percent.
Among the women’s wholesale price categories tracked by Labor with significant price fluctuations in June were:
l Sweaters, jackets and jerseys, which were unchanged for the month, but plunged 13.5 percent from June 2001.
l Dresses, which increased 0.1 percent for the month and fell 4.4 percent over the year.
l Slacks and jeans, which were unchanged in June against May and dropped 3.4 percent over the 12 months.
l Blouses, waists and shirts, which were flat for the month and rose 4.2 percent over the year.