×

Footwear Prices Inch Up in July

WASHINGTON — Retail footwear prices rose 0.2 percent in July and advanced 0.6 percent compared with a year earlier, the Labor Department said Friday in its Consumer Price Index.

Women’s footwear prices rose 0.4 percent in July compared with June and increased 2 percent compared with a year earlier. Men’s footwear prices fell 0.4 percent month-to-month and rose 1 percent in 12-month comparisons.

Boys’ and girls’ footwear prices fell 1 percent compared with a month earlier, and declined 4 percent year-over-year.

Retail apparel prices, which include footwear, rose a seasonally adjusted 0.6 in July compared with a month earlier, and declined 0.3 percent in 12-month comparisons.

The overall CPI rose 0.3 percent in July compared with June, in line with expectations, and advanced 1 percent compared with a year earlier. The so-called “core index,” which excludes the volatile food and energy sectors, saw prices rise 0.1 percent in July and advance 0.9 percent year-over-year.

TOMS Sponsored By TOMS

Building Business to Improve Lives

TOMS discusses its approach to mental health awareness and female empowerment through impact initiatives in the footwear segment.
Learn More

Access exclusive content