Consumer Price Index: Difference between revisions

Consumer Price Index (view source)

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 Past Developments: [[Automotive Industry:United States#Prices|Automotive Industry:United States]]
-* Wholesale used-vehicle prices increased 1.5% in March from February. The Manheim Used Vehicle Value Index (MUVVI) rose to 238.1, down 2.4% from a year ago.<ref>https://www.coxautoinc.com/market-insights/march-2023-muvvi/</ref>
+Values in April also continue to be lower year over year. We’ve experienced eight straight months of year-over-year declines, averaging 8.3%, and it’s likely not over yet.
-* 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.
+* Wholesale used-vehicle prices decreased 3.0% in April from March<ref>https://www.coxautoinc.com/market-insights/april-2023-muvvi/</ref>.
+* The Manheim Used Vehicle Value Index down 4.4% from a year ago.
+* Compared to last April, pickups, compacts, and midsize cars lost less than the industry, at 0.2%, 3.4%, and 3.9%, respectively.
+* Luxury lost 9.0%, and the remaining three segments declined between 5.0% and 7.0%
 == CPI During Recession ==