NDRC: China commercial vehicle price rose 5.79%
July 23,2009
Recently, the National Development & Reform Commission (NDRC) price monitoring center issued that domestic auto price has maintain a slightly raise situation in the first half year. The price is expected keep basic balance under the effective of macro-control policy. And the trend of the auto price will have slight fluctuations in the next half year.
According to the monitor of 36 large and medium-sized cities by National Development and Reform Commission, Chinese-made car prices rose overall stability in the first half year. By the end of June the price rose 0.90 percent Y/Y, up 0.37 percent.
Price of passenger car stayed low, which fell 3.38 percent; Commercial vehicle price rose 2.78% at the end of last year, up 5.79% year on year.
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