Because of the weight of household purchases of clothing in the cost-of-living index and also because of its potential importance for foreign trade, the market for textiles is closely watched by central banks. – See unit value ratio, two-pillar principle. – Cf. ECB Monthly Bulletin of December 2004, pp. 64 ff., ECB Monthly Bulletin of October 2005, pp. 40 ff. (detailed presentation, overviews; p. 42: share of expenditure on clothing and footwear in the HICP).
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