China’s road logistics price index continued the expansion trend in November, industry data showed.
The index came in at 101.5 points last month, rising 3 percent year on year and up 1.21 percent from the previous month, according to a survey jointly conducted by the China Federation of Logistics and Purchasing and the Guangdong Lin’an Logistics Group.
The demand for road logistics improved last month, while the supply fluctuated slightly due to the COVID-19 epidemic, reporting a moderate growth compared with October, said the survey. It attributed the rise of the index to China’s steady economic recovery in November.—APP
