Car retail prices rise by 4.3%

Average retail prices for new cars in Ireland rose by 4.3% during the 12 months to February 2004.

The PricewaterhouseCoopers and eurocarprice.com Index of New Car Prices shows that average retail car prices in Ireland last month were 29% higher than the average for Western Europe and 30% higher than the average for the euro currency zone.

The index measures the retail price of more than 40 representative cars in 19 European countries.