For the twelfth straight month, the increase in body repair prices was above the rate of inflation. Auto insurance prices increased below inflation for past five months.
The most recent government figures on inflation through July 2019 indicate the rate of growth of auto body repair prices continues above inflation, marking a one full year milestone where auto body prices have been above the general inflation measure. 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… read more on the CollisionWeek website