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U.S. Auto Body Repair Prices Grew Faster than Inflation in First Half of 2019

Source: CollisionWeek

For the eleventh straight month, the increase in body repair prices was above the rate of inflation. Auto insurance price increased below inflation for past four months.

The most recent government figures on inflation through June 2019 indicate the rate of growth of auto body repair prices continues above inflation. For the first half of 2019, the growth in auto body repair prices is at the highest level over the last ten years.

Comparing the average monthly increase for the most recent 12-month period to the previous 12-month period indicates increasing growth for auto body repair prices.

The average monthly… read more on the CollisionWeek website

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