Although the drop in the combined apparel and footwear price index was the smallest in three months, prices for apparel alone dropped by a steeper 1.6%. The footwear price index increased by 2.2% in the month.
The steepest drop in apparel prices occurred in the women’s segment, where the index fell by 3.2%. Men’s apparel prices were virtually flat in the month, while those for childrenswear dropped by 0.7%.
Overall unadjusted inflation in the U.S. was flat in the month compared to February 2014, but edged up by 1 percent compared to January. Excluding food, for which prices increased, and energy, which plunged due to another drop in crude oil prices, inflation rose by 1.7% on goods and services.