Producer prices of apparel rose by 1% in September compared to the same month last year, less than August’s 1.4% increase, and 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 2.1% in September, its biggest monthly increase in six months.
The producer price index for apparel lagged the overall index for the second straight month.
Menswear producer prices rose by 3.2%, much less than last month’s 5.5% increase. Women’s prices rose by .2%, reversing August’s .2% decline.