Checkout
Makeup Prices Are Soaring as Social Events Eclipse Tight Budgets
This article is for subscribers only.
US cosmetics prices rose in August by the most in almost 16 years as a return to office and social functions keeps demand resilient in the face of inflationary pressures.
Prices for makeup, perfume, bath and nail products rose 2.3% in August from a month earlier, the largest increase since December 2006. Compared with a year ago, prices in the category were up 4.2%, the largest increase since 2009.