Prices for clothing, footwear in UK fall by 1.5% between Jun, Jul 2022

[ad_1]

Prices for clothing and footwear items in the United Kingdom fell by 1.5 per cent between June and July this year compared with a larger fall of 2 per cent during the same months last year. Prices have risen by 6.6 per cent this year compared with an increase of 6.1 per cent in the year to June. The upward movements came from garments, in particular women’s clothing and footwear and infant’s clothing.

There was a partially offsetting downward contribution from menswear, where prices overall fell between June and July 2022, according to data from the Office of National Statistics (ONS).

Prices for clothing and footwear items in the UK fell by 1.5 per cent between June and July compared with a 2 per cent fall during the same months last year. Prices have risen by 6.6 per cent this year compared with a rise of 6.1 per cent in the year to June. The upward trend came from garments, especially women’s clothing and footwear and infant’s clothing.

The CPI rose by 10.1 per cent in the 12 months to July, up from 9.4 per cent in June. On a monthly basis, CPI also rose by 0.6 per cent in July compared with no change in the same month last year.

Fibre2Fashion News Desk (DS)


[ad_2]

Source link