U.S. Apparel Retail Sales in October

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20 November 2008 - Deflation is on its way on the US apparel market with a fall of 4% in retail sales reported at clothing stores in October. This is partly due to declining consumer prices, down 1% from the previous month and more significantly falling from a year earlier. Apparel chains announced a sharper drop in their October sales with a double-digit fall for a large number of them.

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