China Auto Dealer Inventory Warning Index stands at 55.4 percent in May
The China Auto Dealer Inventory Warning Index stood at 55.4 percent in May this year, down 1.4 percentage points year on year, while up 5.0 percentage points month on month, as announced by the China Automobile Dealers Association (CADA).The inventory warning index in May is above 50.0 percent, signaling that distribution in the auto industry has improved.
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