Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
Why Your Raise Is Finally Beating the Cost of Children's Clothing
In this episode of Wages and Prices, Lucas and Luna zoom in on a surprisingly cheerful corner of the inflation story: children's clothing. While overall consumer prices have climbed 3.3 percent year-over-year, apparel prices for kids have actually fallen, thanks to a mix of fierce retail competition, cheaper synthetic fabrics, and a global glut of fast-fashion supply. They dig into the numbers—average hourly earnings up to $37.60, and a child's winter jacket that now costs 12 percent less than it did five years ago—and explain what this means for family budgets. They also look at…
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