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July 2008

Price measures of new vehicles: a comparison

Maria Bustinza, Thaddious Foster, Tod Reese, David Yochum, Daniel C. Chow

The Consumer Price Index, the Producer Price Index, and the International Price Program all analyze price changes in new vehicles; however, these indexes’ movements are only weakly correlated because of methodological differences in sampling, pricing, the analysis of incentives, and other aspects of survey design

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