Insurance inflation should ultimately fade alongside falling car prices, they said. New vehicle prices are down 1% over the past year, and those for used cars and trucks have declined almost 11%.

Chart: Jacque Schrag/Axios New cars are very expensive — the average transaction price last month was $48,724, per Axios corporate cousin Cox Automotive. But, weirdly, that's not because of inflation ...

Over those three months, used vehicle prices counted for roughly one-third of overall inflation. That rally now seems to be over. Prices rose just 0.2% in July, and data out Tuesday shows them ...