News
« Nordstrom Plans To Upgrade Women's Dept. | | Prada Makes Deal To Sell Helmut Lang »
March 16, 2006
Consumer Prices Stay Steady
Consumer prices inched up 0.1% in February after a 0.7% rise in January thanks to declining energy costs, the U.S. Labor Department reported Thursday.
While energy costs fell 1.2% last month, they are still 20% higher than a year ago.
Consumer prices in general remain checked, although retail prices for women’s apparel slipped 1.3% in February, coming in 2.5% lower than a year ago.
Prices for outerwear dropped 2.5% last month, due in large part to unseasonably warm weather in the northeast, while dress prices rose by 2.6%.
Posted by Blacks on March 16, 2006 11:23 AM
Comments
Post a comment
