WASHINGTON-With the exception of solid industrial/highway tires, tire prices in June remained unchanged from May levels, but were generally lower than June 1995, according to statistics compiled by the U.S. Department of Labor. While all other tire prices were flat for the one-month period, or had no available pricing data, prices for industrial and highway solid tires fell 0.5 percent.
All-season passenger tire prices, while flat for the one-month period, experienced the greatest 12-month drop-5 percent.
Overall passenger tire prices fell 4.6 percent, compared with June 1995, and truck and bus tire prices dropped 3.3 percent.
Light truck tire prices slid 2.6 percent over the course of the year.
Tread rubber prices held even with the year-ago month, but those of other tire sundries and repair materials surged 4.6 percent for the year, the largest increase of any product category.