WASHINGTON - Prices of passenger tires increased 0.8 percent in April from March levels, according to the Labor Department's Producer Price Index.
Prices of tires and tubes also saw a 0.8-percent jump from three months earlier and 0.6 percent increase from 2000. Radial passenger tire prices saw similar increases, rising 0.7 percent from March, yet remaining unchanged from year-ago levels.
Truck and bus tire prices slipped 0.4 percent from March, yet jumped 1.2 percent from 2000. Radial truck tire prices also rose from last year by 2.2 percent, but dipped 0.8 percent from March.
Tread rubber prices rose consistently across the board, with a 0.6-percent increase from a month ago and three months prior and a 0.9-percent hike from year ago levels.