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Home News fashion

Fashion prices rise 1,3% in April

Carmen Toraya by Carmen Toraya
mayo 14, 2022
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The consumer price index (CPI) of the clothing and footwear sector in Spain rose by 1.3% year-on-year in April, according to the National Statistics Institute (INE). Its monthly variation climbed by 8.5% in that period, bringing the year-to-date decline to 3.5%.

 

Men’s clothing rose the most in April, with a 3.7% year-on-year increase, followed by women’s clothing, with 0.9 %, while children’s clothing, on the other hand, fell by 2%. When taking into account the monthly rate, children’s clothing recorded the highest growth with 12.3%, surpassing women’s clothing, with 10.7%, and men’s clothing, with 6.2%.

In addition, clothing accessories and repairs decreased 2% year-on-year in the fourth month of the year, while their monthly rate rose by 6.2%.

Meanwhile, children’s footwear soared by 4.3% year-on-year in this period, leaving behind men’s footwear, up 1.7%, and women’s footwear, up 0.1%. Taking into account its monthly variation, children’s footwear again prevailed with a rise of 6.9%, leaving behind women’s, with 6.3%, and men’s, with 5.1%.

The annual rate of the overall CPI in April advanced by 8.3%, i.e., a point and a half lower than in March.

The annual rate of core inflation, which excludes the prices of energy products and unprocessed food, rose by one point to 4.4%.
The monthly change in the overall CPI contracted by 0.2%.

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