WASHINGTON-Wholesale prices for most tire types declined in 1994 from the year before, according to the most recent report from the federal Bureau of Labor Statistics. The lone bright spots were in 15-inch passenger tires, where wholesale prices finished the year 3.3 percent higher than in 1993, medium/heavy truck radials, which closed up 2.2 percent, and the ``other'' category, which includes industrial, utility and bicyle tires, as well as all solid tires-up 0.8 percent overall.
In 1994, prices of non-radial truck and bus tires saw the biggest decline, falling 3.6 percent, while passenger car tire prices slipped 0.2 percent overall.
Average prices of all truck/bus tires (including off-highway) fell 0.8 percent during the year, while those of light truck radials were off 0.5 percent.
In contrast, wholesale prices of tread rubber showed the largest gain of any tire product, jumping 7.6 percent, while prices of tire repair materials and sundries climbed 3.2 percent.