Chart 1. Absolute year-ending annual percent change for PPI for dealership markups and absolute difference between year-ending annual percent changes for CPI and PPI for new vehicles, pandemic included, 2007–22
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.