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Retail Apparel Prices Dip in June, But Increases Seen on the Horizon

Retail apparel prices fell a seasonally adjusted 0.9% in June after being unchanged in May, but were up 0.6% from a year earlier, the Bureau of Labor Statistics reported Thursday in the Consumer Price Index (CPI). Women’s and girls’ apparel prices declined 1.4% for the month, while men’s and boys’ clothing prices dipped 0.1% compared…

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