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US Retail Apparel Prices Jumped 2.2% to Get the Year Going

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U.S. retail apparel prices increased a seasonally adjusted 2.2 percent in January, the third consecutive monthly gain, the Bureau of Labor Statistics (BLS) reported Wednesday in its Consumer Price Index (CPI) report. The price hike was broad-based, with a rise in all sectors. Children’s wear led the way, with price increases of 6.2 percent in…

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