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Fourth Quarter Kick Off: Decline in Women’s Apparel Prices Drags Down October CPI

Led by soft pricing power in women’s wear, retail apparel prices inched up a seasonally adjusted 0.1 percent in October compared to the previous month, according to the Consumer Price Index (CPI) report released Wednesday by the U.S. Bureau of Labor Statistics (BLS). As the critical fourth-quarter holiday selling kicked in and the promotions began, women’s…

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