Thursday, February 15, 2018

After months of flash sales and deep discounts, apparel prices spike the most in 3 decades

The Consumer Price Index on Wednesday revealed that apparel prices climbed 1.7 percent in January, accounting for about 3 percent of the overall CPI and marking the biggest increase since 1990.

The monthly report by the Labor Department also showed that women's apparel costs jumped a record 3.4 percent during the month.. . . more

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