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Apparel Producer Prices Rise 1% for Second Straight Month

Producer prices of apparel rose by 1% in October compared to the same month last year, the same as September’s increase, and tied for the smallest monthly increase in the measure since December 2010, according to recently-released US government data.
The overall producer price index (PPI), which measures the average change in the selling prices received by all domestic producers for their output, increased 2.3% in September, its biggest monthly increase in seven months.
The producer price index for apparel lagged the overall index for the third straight month.
Menswear producer prices rose by 3.5%, more than last month’s 3.2% increase. Women’s prices rose by .5%, a bit higher than September’s .2% gain.

Sept PPI

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