Footwear Prices Flat Again In May

WASHINGTON — Retail prices for footwear were flat in May and rose 1 percent compared with a year earlier, the Labor Department said Thursday in its Consumer Price Index.

Women’s footwear saw prices rise 0.9 percent compared with a month earlier, and advance 2.5 percent year-over-year. Men’s footwear prices fell 0.2 percent in May and increased 0.6 percent in 12-month comparisons. Prices on footwear for boys and girls declined 0.7 percent month-to-month and dropped 1.8 percent compared with a year earlier.

Retail apparel prices, which include footwear, increased a seasonally adjusted 0.2 percent in May compared with April, and fell 0.6 percent compared with a year earlier.

The overall CPI declined 0.2 percent in May and rose 2 percent compared with May 2009. The so-called core prices, which exclude the volatile food and energy sectors, rose 0.1 percent month-to-month and advanced 0.9 percent in 12-month comparisons.

joor Sponsored By JOOR

JOOR Preps Digital Passport for the Hybrid Trade Show Era

JOOR Passport incorporates elements from the virtual trade show experience into returning in-person events.
Learn More

Access exclusive content