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: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Textiles | On 2nd Dec 2016

Indian currency crisis impacts global cotton market

The currency crisis in India, marked by insufficient supply of new...

Huang Wei from Fiber Raw Material Dept of Sinopec Chemical Commercial Holding speaking at the Forum

Textiles | On 2nd Dec 2016

Huge potential for nylon consumption: Experts

There is huge potential for increase in nylon consumption said...

Interviews View All

Janak Dhamanwala & Sunil Dhamanwala

Moving towards sustainability is also a social change

Anshul Sood

‘Indian footwear market is nascent and largely a trend follower’

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Kai Poehler
Voith Paper GmbH & Co. KG

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Prathyusha Garimella
Prathyusha Garimella

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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

December 2016

December 2016

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


Browse Our Archives


Advanced Search