Retail Apparel Prices Fall in March as Stores Look to Lure Shoppers Back

Retail apparel prices fell 0.6% in March after rising in the first two months of the year, with declines in women’s and men’s prices, the U.S. Bureau of Labor Statistics (BLS) reported Wednesday in its Consumer Price Index. The lower prices do follow a longer-term deflationary pattern for apparel prices, but also could be an…