Fashion inflation rebounded in January, rising 2.5 percent
Fashion prices ended 2023 with a 1.6 percent increase after moderating in the previous twelve months. Fashion remains one of the least inflationary sectors, below the overall CPI. The Consumer Price Index (CPI) is an indicator that measures the evolution of prices of consumer goods and services purchased by households residing in Spain. Globally, the CPI rose in 2022 as a result of the war in Ukraine. Since October 2022, the CPI has gradually moderated. [Source: www.modaes.com]
