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Footwear Prices Log Small Gain in June

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Footwear prices held up better than those of apparel in June, according to data released last week by the U.S. Bureau of Labor Statistics.

Although the footwear CPI increase was, at 1.1% compared to June 2014, the smallest increase in the measure in the past 11 months, it was a stark contrast to the 1.8% drop in apparel prices year-over-year.

CPI2

Children’s footwear prices increased the most, rising 4.4%, while women’s prices increased one percent and men’s declined by one percent.

CPI4

Overall unadjusted inflation in the U.S. rose by a negligible .1% in the month, helped by a drop in energy prices. Excluding food and energy, inflation rose by 1.8%.

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