Home / Knowledge / News / Clothing & footwear price fall in Dec Inflation
Clothing & footwear price fall in Dec Inflation
Jan '08
Consumer Prices in December, as measured by the CPI, increased by 0.1% in the month. This compares to an increase of 0.3% in December of last year. The annual rate of inflation fell to 4.7%, down from 5.0% in November 2007.

The EU Harmonised Index of Consumer Prices (HICP) rose by 0.1% in the month, compared to an increase of 0.4% in December 2006. The annual rate of inflation, as measured by the HICP, fell from 3.5% in November to 3.2% in December.

The most notable changes in the year were increases in Gas & Other Fuels (+15.1%), Education (+6.0%) and Transport (+5.1%). There were decreases in Clothing & Footwear (-6.2%) and Furnishings.

The annual rate of inflation for Services was 6.5% in December, while Goods increased by 2.7% in the year. The most significant monthly price changes were increases in Gas & Other Fuels (+0.7%) and a decrease in Clothing & Footwear (-3.4%).

The main factors contributing to the monthly change were as follows:
• Clothing & Footwear fell with lower prices for both clothing and footwear.

The CPI excluding tobacco index for December remained unchanged in the month and was up 4.7% in the year. The CPI excluding energy products index was up 0.1% since November and increased by 4.3% in the year. The CPI excluding mortgage interest increased by 0.1% in the month and rose by 3.1% in the year.

Central Statistics Office Ireland

Must ReadView All

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Angelina Francesca Cheang

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search