Fashion
Italy’s inflation eases to 1.6% in August: Istat flash estimate
The slowdown in annual inflation was mainly driven by regulated energy products (+12.9 per cent vs +17.1 per cent in July), non-regulated energy (-6.3 per cent vs -5.2 per cent), communication services (+0.2 per cent vs +0.5 per cent), and processed food including alcohol (+2.7 per cent vs +2.8 per cent), Istat said in a press release.
Conversely, prices accelerated for unprocessed food (+5.6 per cent), recreation and personal care services (+3.0 per cent), and transport services (+3.5 per cent). Core inflation rose to 2.1 per cent from 2.0 per cent, while inflation excluding energy increased to 2.3 per cent from 2.2 per cent.
Italy’s consumer price index is estimated to have risen by 0.1 per cent in August 2025 from July and 1.6 per cent YoY, slightly down from 1.7 per cent.
The slowdown was driven by weaker energy, communication, and processed food prices, while unprocessed food, recreation, and transport accelerated.
Core inflation edged to 2.1 per cent.
The HICP fell 0.2 per cent monthly but rose 1.6 per cent annually.
On an annual basis, goods prices grew 0.6 per cent, slower than July’s 0.8 per cent, while services rose 2.7 per cent, widening the inflation gap to 2.1 percentage points.
Monthly price increases were led by transport services (+2.1 per cent), processed food (+0.5 per cent), and recreation services (+0.4 per cent), partly offset by declines in non-regulated energy (-2.1 per cent) and regulated energy (-0.3 per cent).
The harmonised index of consumer prices (HICP) fell 0.2 per cent month-on-month (MoM), due to summer sales excluded from the NIC, but rose 1.6 per cent YoY, below the flash estimate of 1.7 per cent.
Fibre2Fashion News Desk (SG)
The April figure was far below market forecasts of a 15,000 gain.
Full-time jobs dropped by 10,700 in April after a sharp rise in March.
Australia’s net employment fell by 18,600 month on month in April.
The April figure was far below market forecasts of a 15,000 gain.
Full-time jobs dropped by 10,700 in April after a sharp rise in March.
The unemployment rate rose to 4.5 per cent in April, the highest since November 2021, while the labour force participation rate eased to 66.7 per cent.
The unemployment rate rose to 4.5 per cent in April, the highest since November 2021. The labour force participation rate eased to 66.7 per cent.
The official statistical agency observed that a drop in female employment—the first since August 2025—drove the overall fall.
Fibre2Fashion News Desk (DS)
The Indian PET resin market witnessed significant week-on-week fluctuations during March-May ****. During the first week of March, Asia domestic India PET bottle flakes prices were assessed near $*.** per kg and remained largely stable on a weekly basis. However, during the second week of March, prices sharply increased to around $*.** per kg, reflecting a week-on-week rise of nearly ** per cent amid tight domestic supply conditions and reduced producer operating rates. In the third and fourth weeks of March, prices increased further to nearly $*.** per kg, marking an additional weekly gain of around * per cent. The bullish momentum continued into the first week of April, when prices touched nearly $*.** per kg, reflecting another week-on-week increase of approximately * per cent.
From mid-April onward, the market entered a correction phase as downstream polyester demand remained weak, and buyers shifted towards cautious procurement activity. During the second and third weeks of April, prices eased gradually towards $*.** per kg, indicating a weekly decline of around *–* per cent. The softer trend continued through late April and early May, with prices declining towards $*.** per kg and later $*.** per kg due to subdued polyester operating rates and sufficient domestic availability. By May **, ****, Asia domestic India PET bottle flakes prices were assessed around $*.*** per kg, reflecting an overall decline of nearly * per cent from the April peak, while Asia FOB India PET Bottle Flakes prices were reported near $*.*** per kg during the same period.
The country imported apparel worth $**.*** million during January-March ****, up **.* per cent from $**.*** million in the corresponding period of ****. The latest figures indicate that inbound apparel shipments have remained on a steady growth path since ****, according to *fashion.com/market-intelligence/texpro-textile-and-apparel/” target=”_blank”>sourcing intelligence tool TexPro.
The Russia-Ukraine war has had a significant economic impact on Georgia. The conflict triggered a large influx of Russian and Ukrainian migrants, which initially acted as an economic boon for the country. It fuelled rapid growth, lifted consumer spending, and increased demand for housing, services, textiles, and apparel. However, the war also deepened geopolitical polarisation and accelerated Georgia’s economic and energy reliance on Moscow.
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