Men’s footwear prices slipped 0.6 percent for the month, but increased 3.9 percent for the year. Women’s footwear prices declined 2.1 percent in December and fell 1.5 percent in 12-month comparisons. Boys’ and girls’ footwear prices increased 1.6 percent for the month and spiked 4.6 percent year-to-year.
General apparel prices, which include footwear, fell 0.9 percent in December and dropped 1 percent compared with a year ago. Prices for all goods and services dropped 0.7 percent in December and rose 0.1 percent in 12-month comparisons, the smallest year-over-year increase since 1954.