American apparel sector’s CPI-U sees marginal rise in October 2023

In October 2023, the US CPI-U for apparel increased 0.1 per cent, recovering from a previous decline, while the overall CPI-U remained stable.
The country’s energy index dropped 2.5 per cent, and core inflation (excluding food and energy) slightly increased.
Over 12 months, the country’s CPI-U growth slowed, indicating a mixed economic trend.

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