India: Low base effect boosts December truck sales

Truck sales in India shot up by 201.1% year-on-year in December 2009, due to a low base effect, compared with the corresponding month a year earlier. This figure could indicate an improvement in the economy, as sales of trucks are an indicator of the movement of goods. Times of India, citing It’s time to log … Continued

Truck sales in India shot up by 201.1% year-on-year in December 2009, due to a low base effect, compared with the corresponding month a year earlier. This figure could indicate an improvement in the economy, as sales of trucks are an indicator of the movement of goods.

Times of India, citing

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