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CollisionWeek: U.S. Auto Body Repair Prices Up 4.5% in March Compared to 2020

Source: CollisionWeek

For the 32nd straight month, the increase in body repair prices was above the rate of inflation. Auto insurance prices continue down in wake of pandemic refunds and discounts.

The most recent government figures on inflation through March 2021 show the rate of growth of auto body repair prices continues above the rate of general inflation, marking nearly three years where auto body prices have been above the general inflation measure. The growth in auto body repair prices in the first quarter has been at an increasing rate compared to last year.

Comparing the average monthly increase for the most… read more on the CollisionWeek website

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