CPI-U for apparel in US up 0.4% MoM in June
The US consumer price index for all urban consumers (CPI-U) increased by 0.3 per cent month on month (MoM) on a seasonally-adjusted basis in June this year after rising by 0.1 per cent MoM in May, according to the Bureau of Labour Statistics (BLS). It increased by 2.7 per cent year on year (YoY) before seasonal adjustment after a 2.4-per cent YoY rise in May.
The energy index rose by 0.9 per cent MoM in the month after falling by 1 per cent MoM in May, while it decreased by 0.8 per cent YoY.
The US CPI for all urban consumers rose by 0.3 per cent month on month (MoM) on a seasonally-adjusted basis in June. It rose by 2.7 per cent YoY before seasonal adjustment in the month. The apparel index increased by 0.4 per cent MoM and fell by 0.5 per cent YoY (unadjusted) in June. The energy index rose by 0.9 per cent MoM in the month, while it decreased by 0.8 per cent YoY.
The index for all items less food and energy rose by 0.2 per cent MoM and 2.9 per cent YoY in June, following a 0.1-per cent MoM increase in May.
The apparel index in the country increased by 0.4 per cent MoM and fell by 0.5 per cent YoY (unadjusted) in June, a BLS release said.
Fibre2Fashion News Desk (DS)
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