Buying clothes is considered to be one of the favorite entertainment of women consumers. However, this summer it is ‘entertainment without pleasure’ as prices are sky-rocketing.
In Guangzhou city, a short-sleeved leisure T-shirt can be purchase for around 200 yuan last year but now, one has to pay about 300 yuan. Prices of ordinary long dress surged from 500 yuan to more than 700 yuan this year. In major stores, price of an ordinary tape vest is nearly 160 yuan.
Compared to last year, apparel prices are high even though fashion is not at its best this summer. Any piece of clothing is not less than 500 yuans. Even rates of accessories like bags and shoes are also on the rise.
Not only did domestic retail price increase this summer, even export price shot up.
With the implementation of export rebate tax adjustment on July 1 and further cutting down of textile enterprises' profits, cost of commodities have gone up.
Textile and garment exports in Guangdong Province face many pressures like export tax rebate rate reduction, high raw material prices and various trade barriers which restrict the sustained growth in exports.
In Guangzhou city, a short-sleeved leisure T-shirt can be purchase for around 200 yuan last year but now, one has to pay about 300 yuan. Prices of ordinary long dress surged from 500 yuan to more than 700 yuan this year. In major stores, price of an ordinary tape vest is nearly 160 yuan.
Compared to last year, apparel prices are high even though fashion is not at its best this summer. Any piece of clothing is not less than 500 yuans. Even rates of accessories like bags and shoes are also on the rise.
Not only did domestic retail price increase this summer, even export price shot up.
With the implementation of export rebate tax adjustment on July 1 and further cutting down of textile enterprises' profits, cost of commodities have gone up.
Textile and garment exports in Guangdong Province face many pressures like export tax rebate rate reduction, high raw material prices and various trade barriers which restrict the sustained growth in exports.
