WASHINGTON — Wholesale prices for domestically manufactured women’s and girls’ apparel increased 0.9 percent in August from the previous month and grew 0.5 percent compared with last year, the Labor Department said Friday in its Producer Price Index.
Prices for all apparel advanced 0.4 percent from July and 1.2 percent from August 2007.
Inflationary worries eased slightly, as prices for all U.S.-produced goods declined a seasonally adjusted 0.9 percent for the month. The decrease followed gains of 1.2 percent in July and 1.8 percent in June. The core PPI, which excludes volatile food and energy prices, was up 0.2 percent in August after advancing 0.7 percent in July.
The overall drop in prices for domestically manufactured goods was driven by falling energy prices, economists said. “The mid-July break in the oil and natural gas price wave delivered the first monthly decline in the producer price index since April,” said Kenneth Beauchemin, U.S. economist at Global Insight.
The PPI is not an indicator of broader apparel trends given the vast majority of clothing sold in the U.S. is imported, but price fluctuations are still notable. The Consumer Price Index, which indicates increases in retail prices, will be released on Tuesday.
Wholesale prices for women’s and girls’ woven shirts and blouses spiked 8.1 percent from July and 9.2 percent from August 2007, the largest category increases for the month. Producer prices for knit shirts and blouses increased 0.6 percent from July, but fell 0.4 percent compared with a year earlier.
Dress prices were up 0.3 percent for the month and 1.2 percent for the year. Tailored jacket and vest prices were flat from July and up 1 percent from last year. Jeans and slacks advanced 0.2 percent from July and declined 1.3 percent from last year.
August prices for apparel fabrics, also known as textile mill products, increased 1.2 percent from July and 4.9 percent year-to-year. Prices in the textile product mill category, made up mainly of industrial and home furnishings fabrics, advanced 0.9 percent from July and 3 percent from last year.
Inflationary pressures continued to impact products deeper in the manufacturing pipeline, as well. Synthetic fiber prices were up 1.1 percent from July and 3.4 percent year-to-year. Yarn prices increased 0.5 percent compared with July and 6.4 percent from last year. Greige fabric prices advanced 1.7 percent for the month and 3.5 percent from last year. Costs for finished fabrics increased 1.3 percent compared with July and 5 percent compared with August 2007.
My character, Dinah Madani, is just the coolest, [most] badass woman imaginable," says @amberroserevah. The actress stars in @marvel's newest series on @netflix, @thepunisher. To prepare for her role, Revah sat down with Homeland agents to get a real sense of with Dinah's day-to-day life is really like. Read our full interview on WWD.com. #wwdeye (📷: @jilliansollazzo)
A scene from the 91st annual @macys Thanksgiving Day Parade. The parade, which boasts 50 million TV viewers and 3.5 million on-site spectators, is considered one of the largest and most watched parades in the world. (📷: Jason Szenes/EPA-REX)
The circus came to @bloomingdales 59th Street on Tuesday night and lit up Lexington Avenue with acrobatic dancers, death-defying knife throwing, sword swallowing and aerial acts with no net. The 45 minutes of theatrics built up to unveiling the holiday windows depicting @swarovski crystal-encrusted circus pieces and scenes from “The Greatest Showman” – songs from the soundtrack included. See the rest of the photos on WWD.com #wwdfashion (📷: Joshua Scott)
The psychedelic fashion that pervaded the ’60s is back with an exhibit at the @museumofcityny. “Mode New York: Fashion Takes a Trip” chronicles the changing styles from 1960 through 1973 and features designers such as @ysl, @oscardelarenta and more. The exhibition, which is on display through April 1, is organized into four periods: First Lady Fasion, Youthquake, New Bohemia and New Nonchalance. Pictured here is model Pat Bardonella during the Garvey Day Parade in 1968. (📷: @kwamebphoto) #wwdeye #wwdfashion
“People should be a lot more honest in expressing both the dark and light of themselves. We need to give each other the space to do that because it’s the only way we can grow and evolve,” says @noelwells of her new film “Mr. Roosevelt,” which is largely based on her own struggles. Unexpectedly leaving @nbcsnl in 2014 after just one season, Wells felt set back in her self-esteem and career trajectory. She quickly refocused her energy to more personal projects, which led to the completion of “Mr. Roosevelt.” Read the rest of WWD’s interview with the “Master of None” actress on WWD.com #wwdeye (📷: @jilliansollazzo)
@barbrastreisand is giving fans a chance to see her perform up close in a new concert series, which makes its debut on @Netflix today. From behind-the-scenes takes to her concert performance in Miami last December, the two-hour streaming special captures Streisand in her element. Pictured here is the singer/actress photographed for WWD in 1963. (📷: Palmieri Tony) #wwdeye #wwdarchive
@chanel and @pharrell dropped what’s being dubbed as the world’s most exclusive sneakers yesterday. The Adidas Originals NMD Hu, which Williams designed in collaboration with Chanel and @adidasoriginals, has a waiting list of over 120K people who pre-registered online at chanelatcolette.fr –– and only 500 pairs are on sale. The singer predicted the resale value of the shoes could reach $40K. Read the full interview on WWD.com. Link in bio. #wwdfashion (📷: Dominique Maître)
@imanshumpert is diving deeper into his creative endeavors and relaunching his clothing line, Post 90s, and is helping to raise money for the hurricane victims in St. Maarten with a jersey he’s designed with his brother. The Cleveland Cavaliers player talked to WWD about kneeling during the national anthem, working with fashion brands and how he wants to be more than an @nba player. Read the interview on WWD.com #wwdfashion (📷: George Chinese)