After a monthly decline in December, auto insurance price increases returned in January versus the previous month. Auto body price growth is slower.
The most recent government figures on inflation through January 2019 indicate the rate of growth of auto body repair prices has been growing, but is somewhat flat on a month-over-month basis. Even with slower growth in general inflation, auto body repair price growth rates have declined on a year-over-year basis.
Comparing the most recent 12-month period to the previous 12-month period, however, indicates an increase for auto body repair.
The average monthly increase over the previous year