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Manheim US July used vehicle price index -1.6% m/m

Manheim US July used vehicle price index -1.6% m/m
July prices -1.6% seasonally adjustedPrices -3.8% non-seasonally adjustedPrices down 11.6% y/y“The July drop of 1.6% is an indicator of slowing wholesale price declines, at least when compared to the month-over-month losses we’ve seen since April,” said Chris Frey, senior manager of Economic and Industry Insights for Cox Automotive. “While the year-over-year price drop was again double-digit, let’s put some perspective on that. From July 2020, there were 22 straight monthly double-digit increase... Read More
Posted: Aug 7 2023, 13:02
Author Name: forexlive
Views: 092170

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