WASHINGTON-Wholesale prices for most types of tires gained little, if any, through 1995, according to the December Producer Price Index from the Labor Department. Compared with year-end 1994 prices, the average price of all radial passenger tires increased a scant 0.5 percent in 1995, while that of all-season radials actually slipped 1.1 percent.
Average prices of radial truck and bus tires (including light truck) skidded 3.2 percent from December 1994 levels, while those of non-radials edged down just 0.5 percent, though non-radial light truck tires rose 4.2 percent.
Prices of all other pneumatic and solid tires climbed 7.9 percent over the 12 months, with prices in the subcategory of solid tires (for both industrial and highway applications) jumping 12.7 percent.
At the same time, tread rubber prices grew 4.3 percent, while those of tire repairs and other tire sundries advanced 6.9 percent.