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US Used Car Prices MoM (Feb) M/M 0.8% (Prev. 2.4%)

Newsquawk Staff ·

US Used Car Prices MoM (Feb) M/M 0.8% (Prev. 2.4%)

What it means

The latest report shows US used car prices increased by 0.8% month-over-month in February, a notable deceleration from the previous month's 2.4% rise. This slowdown may indicate a cooling in the demand for used vehicles, which could signal broader inflation trends and impact monetary policy considerations moving forward.

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