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Retail Apparel Prices Fall in November Amid Holiday Sales

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As holiday price-cutting sales set in, retail apparel prices fell a seasonally adjusted 0.9 percent in November following two months of price hikes, the U.S. Bureau of Labor Statistics (BLS) reported Wednesday. Men’s and women’s clothing both saw declines last month in the promotional atmosphere, according to the Consumer Price Index (CPI) report. Men’s apparel…

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