Home / Knowledge / News / Clothing & footwear prices drop in May
Clothing & footwear prices drop in May
24
Jun '08
Consumer Price Index (CPI) for January to May 2008 increased by 2.9 per cent to 108.1 compared with that of 105.1 in the same period last year. Compared with that of the same month in 2007, the CPI increased by 3.8 per cent from 105.1 to 109.1 and when compared with the previous month, the CPI increased by 0.8 per cent.

CPI changes for the period January – May 2008 / 2007
The 2.9 per cent increase in the CPI was brought about by increases observed in the indices of all the main groups except those of Clothing & Footwear which decreased by 0.6 per cent respectively.

Other increases were Miscellaneous Goods & Services (+ 3.2 per cent); Recreation Services & Culture (+ 2.6 per cent); Education (+ 2.1 per cent) and Furnishings (+ 1.6 per cent).

Monthly Changes for CPI:
Compared with the previous month, the CPI for May 2008 increased by 0.8 per cent. Increases were shown in seven main groups namely Furnishing (+ 0.2 per cent) respectively and Transport (+ 0.1 per cent).

The index for Clothing & Footwear and Miscellaneous Goods & Services showed a decrease of 0.1 per cent respectively. However, the two other main groups namely; Recreation Services & Culture and Education remained unchanged at 103.5 and 105.6 respectively.

A reclassification of items according to their durability and services rendered showed increases in the index for Non-Durable Goods (+ 1.3 per cent) and Services (+ 0.7 per cent). Decreases in the index were recorded for Durable Goods (- 0.4 per cent) and Semi-Durable Goods (- 0.1 per cent).

Department of Statistics Malaysia

Must ReadView All

Courtesy: Li & Fung

Textiles | On 24th Mar 2017

Li & Fung forms new supply chain partnership with PVH Corp

Li & Fung Limited, the world's leader in consumer goods design,...

Courtesy: Alizilla

Apparel/Garments | On 24th Mar 2017

Alibaba's eWTP finds first overseas base in Malaysia

In a step towards using the internet to bring small businesses around ...

Textiles | On 24th Mar 2017

BJMC to produce cotton-jute blended denim fabrics

To meet demand from the market, Bangladesh Jute Mills Corporation...

Interviews View All

Smita Murarka
Amanté

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

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Kerem Durdag
Biovation II LLC

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Sonam & Paras Modi
SVA

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Igor Chapurin
Chapurin

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

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


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