Wholesale prices of non-radial truck tires soared 7.9 percent from October to November and 6.9 percent from three months prior, ending up 6 percent higher than in 2000, according to the Department of Labor's producer price index.
Prices of passenger car and radial tires jumped 2.6 percent from the previous year. Passenger tire prices also rose 0.6 percent since August, with radials nearly even for the same period at 0.5 percent.
Meanwhile, wholesale radial truck tire prices dipped 0.3 percent from October and from 2000. Radial truck tire prices further fell 1.2 percent during the three-month period.
Prices of tread rubber, tire sundries and repair materials, though unchanged from October, jumped 2.7 percent from 12 months prior.