The US consumer price index (CPI) for jewelry in June 2013 grew by 1% on a year-on-year basis and amounted to 178.73 points, demonstrating a significant increase for the first time since September 2012, reports Rapaport.
The index of prices for jewelry fell from the beginning of 2013 by 1.6%, which is due, first of all, to a decrease in the prices of gold and platinum.
Nevertheless, at present the index value remains at a record level, and taking into account the data for June, CPI exceeded the average mark of 170 points for the 30th month in a row.
In January 2012, the price index for jewelry reached a record high of 183 points, but then, throughout the year 2012, prices for diamonds, gold and platinum declined. According to Rapaport Research, since then only the prices for diamonds have recovered.
The general consumer price index for all product categories in June increased by 1.7% on a year-on-year basis and reached the mark of 232.94 points, setting a new record. The previous record high value of the index of 232.77 points was recorded in February.