Auto insurance prices accelerate to 17.8%, CPI rises sequentially for first time in 13 months
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Auto insurance prices accelerate to 17.8%, CPI rises sequentially for first time in 13 months

Kyoung-son Song
August 10, 2023
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Motor vehicle insurance prices in July increased 17.8% year-on-year, accelerating from 16.9% in June, as the all-items Consumer Price Index (CPI) ticked up sequentially for the first time in 13 months.

The overall CPI rise in July was up by 0.2 points month-on-month from June, marking a reversal of the downward trend that started in June 2022.

According

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Kyoung-son Song
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