In October, the US consumer price index for garments rose by 1.1 per cent month-over-month, reversing prior declines in 2023.
Current clothing prices are 7.6 per cent higher than 2019 averages.
Import prices for cotton-heavy apparel stabilised at $3.70/SME, still above pre-pandemic levels.
Consumer confidence rose to its highest since January 2024, with spending on apparel up 1.7 per cent YoY.
Current clothing prices are 7.6 per cent higher than 2019 averages.
Import prices for cotton-heavy apparel stabilised at $3.70/SME, still above pre-pandemic levels.
Consumer confidence rose to its highest since January 2024, with spending on apparel up 1.7 per cent YoY.
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