Recently Released Market Study: Apparel in Chile
In the last five years (2007-2012) Chile experienced average annual deflation of 6% in apparel products, as the National Institute of Statistics show. To date the current decrease in prices adds up to -6.6%, and the cumulative one - from October 2011 to October 2012- is -8.8%. However, despite this steady deflationary trend, the market value of apparel did not decrease, but continues to increase. Lower prices and positive macroeconomic conditions encouraged consumers to increase their...
View full press release