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Clothing price evidences a marginal drop in March
21
Apr '08
During the month of March, overall consumer price level in China rose by 8.3 percent. Of these, that in the urban level increased 8.0 percent, and for rural level the same jumped by 9.0 percent.

Among all the products, consumer goods price saw a growth of 10.4 percent, and price of services enhanced 1.8 percent.

While comparing the data with February, it is found that overall consumer price level declined by 0.7 percent in the month of March.

Although a rise is seen in consumer price level during March, clothing and clothing categories stood at the losing end. Here, prices fell 1.2 percent over the similar period. What is more, prices of clothing dropped 1.3 percent. Yet, a 0.8 percent rise is evident in the total consumer price level, when comparison is made from January to March.

Fibre2fashion News Desk - China

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