Indicators
Clothing Prices Drop Most Since 2020 Ahead of Holiday Season
- Jewelry saw biggest decline in seven years in September
- Inflation report showed decreases in key household items
Apparel prices fell by the most since the immediate onset of the pandemic in September.
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
Americans are finally getting some relief from inflation after prices for key goods categories dropped last month.
Apparel prices fell by the most since the immediate onset of the pandemic in September, with declines across the board — from women’s dresses to men’s suits and children’s shoes, according to government data out Thursday.