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China data - passenger vehicle sales up 20.1% y/y in July

China data - passenger vehicle sales up 20.1% y/y in July

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Eamonn Sheridan
09/08/2022 | 01:52 GMT

Another sign of a bounce for China's economy, retail passenger vehicle sales higher in July.

China Passenger Car Association data.

  • -6.3% m/m
  • +20.1% y/y (this is the second largest y/y jump in the past ten years)

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