China's weekly road logistics price index rises

Source: Xinhua / Updated: 2023-02-23

China's road logistics price index rose last week, driven by increasing demand and a stable supply of transport, industry data shows.

The index came in at 1,052.26 points in the week ending Feb. 17, up 2.19 percent over a week earlier, according to a survey jointly conducted by the China Federation of Logistics and Purchasing and the Guangdong Lin'an Logistics Group.

The sub-indices of all types of vehicles registered strong week-on-week growth during the period, the survey says.

The figure for full truckload logistics prices, which mainly measures bulk-commodity and regional transportation, stood at 1,053.58 points, rising 2.55 percent from the previous week.