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Apparel Prices Rebound in September

Inflation rose last month, buoyed by sharp increases in the price of apparel and other nondurables, gasoline, and medical services.
The overall unadjusted consumer price index (CPI) increased 2% in September, up from August’s 1.7% increase.
The core inflation rate, which excludes food and energy, was also up by 2%. Although gasoline prices rose by 6.9% in the month, overall energy price increases were tempered by decreases in electricity rates and natural gas prices.
The price index for apparel and footwear jumped by 2.7%, well above the overall inflation rate, and a full percentage point higher than August’s 1.7% rise.
Apparel prices (excluding footwear) also increased by 2.7%, up from 1.4% in the prior month. Footwear prices increased by 2.6% in the month, down slightly from August.

Men’s and boy’s apparel prices increased by 3.3%, much less than August’s 4.2% jump. The women’s and girl’s CPI jumped from a slight decline in the prior month to a 2.2% increase. Infant and toddler apparel prices increased by 4% in the month.

Sept PPI