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In the next six months, shoe prices may increase by 8,4%
20.05.2022 575

In the next six months, shoe prices may increase by 8,4%

The World Footwear Business Conditions Survey expects shoe prices to increase over the next six months, according to Worldfootwear.com Europe is expected to rise the most (9,8%). In North America, inflation will be about 5,7%.

Half of the industry experts surveyed believe that price increases could reach 20%, Approximately 35% of respondents say a moderate increase of 1,5-5%. Only 2% agree that prices will rise slightly. Raising prices for raw materials will be the main driver of price increase.

World Footwear Business Conditions Survey experts expect shoe prices to increase over the next six months, writes Worldfootwear.com Europe expects the highest price increase…
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