WASHINGTON — Retail apparel prices rose in June for the first time in nine months, even as retailers continued to discount heavily to clear inventories, the Labor Department’s Consumer Price Index revealed Wednesday.

Retail prices for all apparel rose a seasonally adjusted 0.4 percent in June against May, but were still down 2.4 percent against June 2002, continuing a long-term deflationary slide.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus