Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

U.S. Footwear Prices Slip for First Time in More Than a Year

Missed Sourcing Journal’s Virtual Sourcing Summit? It's not too late to view all keynotes and panels from the two days. Watch on demand now.

Footwear prices fell slightly in September, their first time in sixteen months.

The decline was less than that of apparel prices, however, according to data released last week by the U.S. Bureau of Labor Statistics.

Although the footwear CPI decreased by .5% compared to September 2014, the first decline since June 2014, it was a stark contrast to the 1.6% drop in apparel prices year-over-year. On a combined basis, apparel and footwear prices fell by 1.4%.

Sep2015cpi2

Women’s footwear increased by .3%, while men’s dropped by 2 percent and children’s footwear prices edged down by only .1%.

Overall unadjusted inflation in the U.S. was flat in September, as a steep drop in gasoline and other energy prices offset increases in food, housing and medical care prices.

Sep2015cpi5

Related Articles

More from our brands

Access exclusive content Become a Member Today!