China's road logistics price index stable in November

0 Comment(s)Print E-mail Xinhua, December 4, 2022
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China's road logistics price index remained stable in November, industry data shows.

The index came in at 103.3 last month, up 1.8 percent year on year, according to a survey jointly conducted by the China Federation of Logistics and Purchasing and the Guangdong Lin'an Logistics Group.

The sub-index for full truckload logistics price, which mainly measures bulk commodity and regional transportation, rose 1 percent over one year earlier to 102.9.

The survey attributed the stable prices last month to factors including the promotion of e-commerce shopping and the market regulation mechanism, but noted the weakening demand and excessive market capacity.

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