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Retail Apparel Prices Increase for Second Straight Month as Overall CPI Rises

Nordstrom, Greats, Target, Macy’s, Alibaba, Bonobos, Rhone, Spanx and more will be at Sourcing Summit NY Oct 17. Don't miss it.

As inflation slowly makes its way into the supply chain, retail apparel prices increased 1.5% in February following a 1.7% rise in January, the U.S. Bureau of Labor Statistics reported Tuesday in its Consumer Price Index (CPI). The overall CPI increased 0.2% in February on a seasonally adjusted basis, after rising 0.5% in January and…

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