CPI, Cars, and Credit Conditions
Moody's Talks - Inside Economics
00:00
What's Going on in the Auto Market?
Use vehicle prices, at least the transaction prices that you that we measured there. They've been rising in recent months. If I look at the BLS, Bureau of Labor Statistics, consumer price index for use vehicle prices, that keeps declining. So what's going on there? Again, going back to the theme here, this is pretty weird. What's going on here in the auto market,. Mike, do you want to take a crack at that? Sure.
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