Home / Knowledge / News / Clothing & footwear prices decline
Clothing & footwear prices decline
10
Jul '08
Consumer Prices in June, as measured by the CPI, increased by 0.5% in the month. This compares to an increase of 0.2% in June of last year. As a result, the annual rate of inflation increased to 5.0%, up from 4.7% in May 2008.

The EU Harmonised Index of Consumer Prices (HICP) increased by 0.5% in the month, compared to an increase of 0.3% in June 2007. The annual rate of inflation, as measured by the HICP, increased from 3.7% in May to 3.9% in June.

The most notable changes in the year were increases in Education (+6.4%). There were decreases in Clothing & Footwear (-3.1%) and Furnishings (-0.9%).

Clothing and Footwear:
Clothing & Footwear prices decreased by 1.1% in the month and by 3.1% in the year to June 2008. This compares to a decrease of 3.7% for the year to June 2007. In the month, clothing prices decreased by 1.2%, while footwear prices decreased by 0.3%.

In the month, price decreases were recorded for garments (-1.3%) and shoes & other footwear (-0.3%). Price increases were recorded for dry cleaning & laundry (+0.7%), repair & hire of footwear (+0.4%) and other articles of clothing (+0.1%).

The annual rate of inflation for Services was 5.3% in June, while Goods increased by 4.6% in the year.

The most significant monthly price changes were increases in Transport (+2.1%). There were decreases in Clothing & Footwear (-1.1%).

Central Statistics Office Ireland

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Mark Paterson
Technical Absorbents Ltd

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

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Jay Ramrakhiani
Occasions Elegance Wear

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

Prathyusha Garimella
Prathyusha Garimella

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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
January 2017

January 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