Footwear Prices on the Rise

WASHINGTON — The U.S. Labor Department said retail prices for footwear increased a seasonally adjusted 1.1 percent in November, bucking a widespread deflationary trend for other apparel and accessories categories.

Footwear prices climbed 1.4 percent in year-over-year comparisons. Men’s footwear prices increased 1.8 percent in November and 3.1 percent in 12-month comparisons.

Women’s footwear increased 0.4 percent month-to-month and decreased 0.4 percent from November 2007. Boys’ and girls’ shoe prices climbed 1.5 percent in November, and spiked 3 percent from the same period a year ago.

Consumer prices overall fell a record 1.7 percent in November and increased 1.1 percent from a year earlier.

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