Used car prices are now down 14% over the past year, the largest YoY decline on record with data going back to 2009. This was a leading indicator of higher inflation rates in 2020 and the recent downturn is likely a leading indicator of lower inflation rates to come. pic.twitter.com/N1e7v9ZNjM
— Charlie Bilello (@charliebilello) November 18, 2022
Friday, November 18, 2022
Used car prices are now down 14% over the past year, the largest YoY decline on record with data going back to 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment