JPMorgan Econ FI-China Weak domestic auto demand continued in July-109868720

报告摘要

Asia Pacific Economic Research Automobile production fell in oya terms for the first time since July 2023 Auto retail sales value fell further amid soft domestic demand

核心要点

15 August 2024
15.4
90.5
30.3

报告信息

文件全名: 《JPMorgan Econ FI-China Weak domestic auto demand continued in July-109868720.pdf》
适合读者: 战略规划行业研究员
核心数据: 2023. China’s auto production (NBS, units) fell 2.4%oya in July (vs +1.8%oya
in June). Seasonally adjusted, we estimate that July auto production fell 3.4%m/m
sa. The sequential growth trend turned negative, as production fell 5.5%3m/3m
saar in July. NEV production remained solid, rising 27.8%oya, or +2.0%m/m sa,
by our estimate. In value-added terms, automobile sector VAI rose 4.4%oya in
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《JPMorgan Econ FI-China Weak domestic auto demand continued in July-109868720》主要包含哪些内容?

Asia Pacific Economic Research Automobile production fell in oya terms for the first time since July 2023 Auto retail sales value fell further amid soft domestic demand核心数据:2023. China’s auto production (NBS, units) fell 2.4%oya in July (vs +1.8%oya;in June). Seasonally adjusted, we estimate that July auto production fell 3.4%m/m;sa. The sequential growth trend turned negative, as production fell 5.5%3m/3m。

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