Year | Percent change for PPI for dealership markups | Difference in percent changes for CPI and PPI for new vehicles |
---|---|---|
2007 |
0.0 | 0.3 |
2008 |
15.1 | 6.7 |
2009 |
9.4 | 4.6 |
2010 |
1.5 | 0.4 |
2011 |
4.9 | 0.3 |
2012 |
6.6 | 0.8 |
2013 |
4.1 | 1.4 |
2014 |
0.9 | 0.8 |
2015 |
7.8 | 2.6 |
2016 |
6.8 | 1.6 |
2017 |
7.7 | 1.2 |
2018 |
2.6 | 1.0 |
2019 |
4.1 | 0.2 |
2020 |
31.9 | 1.2 |
2021 |
119.0 | 9.3 |
2022 |
15.3 | 1.3 |
Note: R-squared = 0.5998. CPI = Consumer Price Index; PPI = Producer Price Index. Source: Author's calculations based on data from the U.S. Bureau of Labor Statistics. |