Markups on new cars were a key force behind the current bout of inflation, according to new research published this month. Those extra dealer profits contributed between 0.3 and 0.7 percentage point of the nearly 16% rise in the consumer-price index between the end of 2019 and the end of 2022, a study published in a U.S. Bureau of Labor Statistics journal found.
Source: WSJ.com: US Business
