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Summer apparel prices heat up

03
Jul '07
As far as women are concerned, 'buying clothes' is a favorite form of amusement, but today such entertainment is getting expensive. This summer, many consumers have discovered that the ordinary clothes priced around 200-300 yuan per piece in the past, now cost about 400-500 yuan.

Many brands have launched a series of classics and some brands have their products categorized further, inturn raising the prices. Yoga series of female dress, the price has reached about 600 yuan per piece.

Raw materials of clothing fabrics are derived from petroleum products. International oil price remained at high levels last year, increasing the clothing fabric prices. The price peak for clothing fabrics right appears in the first half of this year. The soar in oil price has caused 20 percent of boost in clothing fabrics and accessories rates over three years.

On the other hand, influenced by higher price in 2006, fresh silk cocoon price has maintained an up trend. Manufacturers are worried that this might be the next reserved rising space for clothes pricing.

According to the information jointly released by Beijing Municipal Statistics Bureau, Beijing survey team of National Bureau of Statistics, at present, commodity prices of garment categories in Beijing clothing market are rising.

In May, the overall consumer price level of Beijing residents rose by 0.7 percent from the same period last year, price of clothing categories rose 0.3 percent over the same time last year, of which clothing price rose 0.7 percent.

Fibre2fashion, News Desk - China


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