The June CPI report showed a decline in used car prices, while prices for new cars stayed flat month-over-month. Yahoo Finance Senior Reporter Pras Subramanian breaks down the numbers.
Video Transcript
– Let’s dig into one aspect of the CPI report. Used vehicle prices were a major focus for economists heading into the numbers. We just spoke to Stephen Juneau, Bank of America Securities US economist with us. He talked about used car prices. That they would be a major factor behind…
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