US Shoe Prices Drop in August
According to the latest data from the Footwear Distributors and Retailers Association of America (FDRA), shoe prices in the US fell for the first time in a year in August, down 0,9% year-on-year, in line with the overall inflation trend in the country, writes Worldfootwear.com.
FDRA data also showed that while men's footwear retail prices rose 2,2% in August, women's and children's footwear prices fell 2,4% and 2,6%, respectively, compared to August 2023.
"With these latest figures, retail shoe prices are up 0,7% this year compared to the same eight months last year," said Gary Raines, FDRA chief economist. "This modest increase comes as men's shoe prices have risen 2,2% and women's shoe prices have risen 0,6% year-to-date, while children's shoe prices have fallen 1,4%."
The August drop in shoe prices coincided with a report from the Bureau of Labor Statistics that overall retail prices across the country slowed, reaching their lowest level since February 2021.
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According to the latest data from the Footwear Distributors and Retailers Association of America (FDRA), U.S. shoe prices fell for the first time in a year in August, down 0,9% year-over-year, putting…
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Dear partners!We inform you that the Euro Shoes premiere collection exhibition will be held from August 26 to 29 at the Expocenter, pav. 2.5 and 2.6.
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