June 08, 2001
Prices paid by consumers for new vehicles were unchanged in 2000, following a 0.3-percent decrease in 1999.
The Consumer Price Index for motor vehicles last increased in 1996, when it rose 1.8 percent. In 1997, prices of new vehicles fell by 0.9 percent—the first decline since 1971. Following that decrease, prices were steady in 1998.
These data are from the BLS Consumer Price Index program. For additional information on consumer price changes, see "Consumer inflation higher in 2000," by Todd Wilson, Monthly Labor Review, April 2001. Annual percent changes are December-to-December changes.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, No change in new vehicle prices in 2000 on the Internet at http://www.bls.gov/opub/ted/2001/june/wk1/art05.htm (visited October 02, 2014).
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