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USA : Men’s wholesale apparel prices boost up in July 2004

2004-8-17
According to the Producer Price Index released by the Labour Department, the wholesale prices for domestically produced men''s and boys'' apparel in July 2004 increased a seasonally adjusted 0.4 percent against June 2004.

Meanwhile, prices charged for US made textiles in July rose 0.2 percent for the fourth consecutive monthly increase, reflecting a pocket of pricing strength after a historically long period of mostly price declines.

Mill prices increased 0.6 percent in June, 0.3 percent in May and 0.2 percent in April.

Among the categories of men''s and boys'' apparel showing notable price changes in July against June were woven shirts, up 1 percent; knit shirts, down 0.9 percent; and sport coats and vests, up 1.4 percent.

Meanwhile, prices for all apparel in July declined 0.2 percent against June.

Apparel prices have been fighting deflation for several years, but have also forged monthly price gains off and on.
 
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