Auto premiums fall in July for first time in six months
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Auto premiums fall in July for first time in six months

Eileen AJ Connelly
August 13, 2021
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New cars parking at dealership

Motor vehicle insurance was one of the few areas of consumer spending where prices dropped in July.

The latest Consumer Price Index (CPI) shows that motor vehicle insurance premiums fell 2.8% last month, after rising each of the last six months, the Labor Department said Wednesday.

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Eileen AJ Connelly
Contributing Editor
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