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U.S. Jewelry Prices Bounce Back in April
May 19, 2016 2:46 AM
By Rapaport News
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RAPAPORT... The U.S. consumer price index (CPI) for jewelry rose 1.5
percent in April from the previous month as prices returned to an upward trend that was
briefly interrupted in March.
Prices have now advanced in each month since December with
the exception of March, when the index fell 3.1 percent. The April CPI figure is
a 5 percent jump from a year ago, according to seasonally unadjusted data from the
U.S. Bureau of Labor Statistics.
The April CPI for watches slid for a second consecutive
month, down 1.3 percent. It advanced 3.3 percent from a year earlier.
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Tags:
consumer price index, cpi, jewelry prices, prices, Rapaport News, retail, u.s.
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