The firm’s latest Repair and Remodeling Index jumped 3.4% in the April-June quarter compared to the same period last year. That’s a bigger annual increase than the 2.7% rise in inflation in the same period, as measured by the Consumer Price index. Much of the increase in home repair and remodeling costs appears to be driven primarily by higher labor costs for repair and remodeling work, Verisk noted. The most labor-intensive types of home repair or remodeling work registered the biggest quarterly increases in labor costs. Nearly all of the 31 categories of repair and remodeling work tracked by Verisk saw costs increase at least slightly.