Sources:
Global inflation could vary between 4.5% to 7.7%
Over the last 15 years, there has been significant inflation in the prices of retail garments due to the growth of online shopping platforms creating fierce competition for fashion brands.
The fashion industry is responsible for 20% of all industrial water pollution worldwide.
On average, consumers bought 60% of more garments in 2014 than they did in 2000.
The fashion industry is responsible for 10% of humanity carbon emissions.
10% is more emissions than all international flights and maritime shipping combined.
As consumers worldwide buy more clothes, the market for cheap garments continues to grow as there are new styles being consistently produced. This takes a toll on the enviornment.
Does inflation affect Worldwide pollution in the
fashion industry?
