Home / Knowledge / News / Textiles / Prices of clothing & footwear fall in February

Prices of clothing & footwear fall in February

24
Mar '08
Consumer Price Index (CPI) for January to February 2008 increased by 2.5 per cent to 107.7 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 2.7 per cent from 105.1 to 107.9 and when compared with the previous month, the CPI increased by 0.4 per cent.

CPI changes for the period January – February 2008 / 2007:
The 2.5 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 and Communication which decreased by 0.6 per cent and 0.7 per cent respectively.

Other increases were Miscellaneous Goods & Services (+ 3.1 per cent); Recreation Services & Culture (+ 2.6 per cent); Education (+ 1.8 per cent); Furnishings (+ 1.5 per cent).

Taking into account the above changes as well as the weights assigned to the main groups, the relative contribution to the overall increase of 2.5 per cent in the CPI.

Monthly Changes for CPI:
Compared with the previous month, the CPI for February 2008 increased by 0.4 per cent. Increases were shown in nine main groups namely Education ( + 0.8 per cent ); Miscellaneous Goods & Services (+ 0.6 per cent); Clothing & Footwear (+ 0.4 per cent); Furnishing ( + 0.3 per cent ); Recreation Services & Culture (+ 0.2 per cent).

Department of statistics malaysia


Must ReadView All

UK international trade secretary Liz Truss (left) and Japan’s foreign minister Motegi Toshimitsu signing the UK–Japan CEPA. Pic: Gov.UK

Textiles | On 23rd Oct 2020

UK, Japan sign economic partnership agreement

The UK and Japan today officially signed the Comprehensive Economic...

Pic: Shutterstock

Textiles | On 23rd Oct 2020

Design EPRs to back circularity in textile sector: EURATEX

Extended producer responsibility (EPR), which aims at ensuring...

Pic: Shutterstock

Retail | On 23rd Oct 2020

ABG & AR Holdings to grow Forever 21 in Latin America

Authentic Brands Group (ABG) and AR Holdings, a leading retail...

Interviews View All

Top executives, Textile industry, India

Top executives
Textile industry, India

The event should be organised every year

Karan Toshniwal, Orange O Tec

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Anshul Sood, Oceedee

Anshul Sood
Oceedee

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

Urmil Arya,

Urmil Arya

Sushila International, a well established textile organisation established ...

Tom,

Tom

<div>Inkbank is a leading supplier of inkjet inks and inkjet printing...

Aaron Spivak,

Aaron Spivak

Canada-based Hush Blankets was founded by Lior Ohayon and Aaron Spivak to...

Prof Seokheun (Sean) Choi, Binghamton University, State University of New York (SUNY)

Prof Seokheun (Sean) Choi
Binghamton University, State University of New York (SUNY)

A team of researchers from the State University of New York (SUNY),...

Urs Stalder, Sanitized AG

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Mark Brill, Birmingham City University (BCU)

Mark Brill
Birmingham City University (BCU)

<div>A technological breakthrough could see people getting messages about...

Amiben Shroff, Shrujan

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Bani Batra,

Bani Batra

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

Judy Frater, Somaiya Kala Vidya

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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

Leave your Comments


October 2020

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


Advanced Search