WASHINGTON—Wholesale prices of most passenger tires continued to dip in September, according to the most recent Producer Price Index from the Department of Labor. Prices of passenger tires slipped 0.4 percent from the previous month and were down 5.0 percent from a year ago. Radials were down 5.1 percent. The all season, original equipment or replacement category fell even more, down 5.4 percent from a year ago.
Wholesale prices of truck/bus tires gained in September, climbing 0.7 percent, but remained 2.1 percent below those of a year ago.
In light truck tires, prices rose 2.5 percent in the month and stood 0.4 percent higher than a year ago.
Non radial truck tires, however, were down 3.3 percent.
The other pneumatic and all solid tires category took the biggest hit over the year, dropping 9.3 percent.
No yearly or monthly changes were reported for tread rubber and repair materials.