“Prices for materials used in the auto glass industry showed a very slight decrease in July 2021, according to recently released Producer Price Index (PPI) data from the U.S. Bureau of Labor Statistics (BLS).
The monthly PPI, which includes auto glass*, decreased negligibly by 0.1% from June 2021 to July 2021, but revealed a 5.7% increase from July 2020. According to BLS, the commodity classification “organizes products and services by similarity or material composition, regardless of the industry classification of the producing establishment.”
Prices for motor vehicle parts went up by 3.5% from July 2020 and, in the commodity grouping of the same index, prices increased month over month by 1.4%.”
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Obviously, it’s not just auto glass prices that are rising these days. Staples like food, lumber, toilet paper and so forth have increased quickly due to various factors. Unfortunately, it is ultimately the consumer who pays for these increases as costs are passed from supplier to retailer or service provider. The bright side is at least with auto glass there wasn’t an increase from one month to the next.
The professionals at Advantage Auto Glass remain steadfast at providing quality service at a competitive price. We offer mobile auto glass service to residents in the Twin Cities metro area. Call us at 612-343-8984 to have a technician come to you for your auto glass needs.