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Consumer Price Index: Difference between revisions
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* Compared to last March, midsize and compact cars lost less than the industry, at 1.4% and 2.2%, respectively, while luxury cars lost 8.0%, and the remaining three segments declined between 2.7% and 3.8%. Pickups showed a 0.6% increase. | * Compared to last March, midsize and compact cars lost less than the industry, at 1.4% and 2.2%, respectively, while luxury cars lost 8.0%, and the remaining three segments declined between 2.7% and 3.8%. Pickups showed a 0.6% increase. | ||
=== | == CPI During Recession == | ||
===Lower demand=== | |||
The slowing in demand the economy has started to experience will help put downside pressure on prices. The pricing power companies experienced during 2022 will diminish as demand declines, especially on discretionary items. | The slowing in demand the economy has started to experience will help put downside pressure on prices. The pricing power companies experienced during 2022 will diminish as demand declines, especially on discretionary items. | ||