WASHINGTON-Wholesale prices of most types of tires fell in January from December 1995, according to the Labor Department's Producer Price Index. The average price for all types of radial passenger tires dropped 2.2 percent in the month; the price of an all-season radial skidded 1.2 percent.
Prices of radial truck and bus tires (including light trucks) slipped 0.3 percent from December to January, though prices for non-radials climbed 0.7 percent.
Tread rubber prices were unchanged in the month, while those of other tire sundries and repair materials jumped 2 percent.
Compared with the year-earlier month, January prices of passenger tires slipped 2.1 percent, while those of truck and bus tires (including light truck) sagged 1 percent.
Prices of all other pneumatic and all solid tires grew 7.6 percent compared with a year ago, while tread rubber prices edged up 1.6 percent.