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Apparel’s Upward Price Momentum Spills Over Into July

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Although the COVID-19 pandemic rocked U.S. apparel prices from March through May, prices have now trended up for the second-straight month, according to the Bureau of Labor Statistics (BLS) in its Consumer Price Index (CPI), which measures the change in prices paid by consumers for goods and services. On a month-over-month seasonally adjusted basis, apparel…

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