Council to Study Auto Parts Prices

by Council on Wage and Price Stability on February 18, 1976
by Council on Wage and Price Stability

The Council on Wage and Price Stability announced today that it will
investigate the increases over the last two years in the prices of
automobile replacement parts. The increases are reflected in a number of indices measuring price changes in automobile replacement parts. As measured by the wholesale price index, the prices of motor vehicle parts increased 23.8 percent in 1974 followed by another 9.9 percent increase in 1975. By contrast, the wholesale price index for new cars increased by 12.9 and 6.0 percent over the same period…

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