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Retail Apparel Prices on Three-Month Hot Streak

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Retail apparel prices ticked up a seasonally adjusted 0.6 percent in August–the third consecutive monthly increase–but were down an unadjusted 5.9 percent compared to a year earlier, the Bureau of Labor Statistics (BLS) reported Friday in its Consumer Price Index (CPI). Leading the price hike was men’s apparel, which was up 2 percent last month,…

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