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Inflationary Pressure on Apparel Prices Continued in June

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With a surge in demand and pressures on the supply chain, retail apparel prices continued an inflationary push last month. Retail apparel prices rose a seasonally adjusted 0.7 percent in June, after rising 1.2 percent in May, the U.S. Bureau of Labor Statistics (BLS) reported Tuesday in its Consumer Price Index (CPI). The overall CPI…

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