In July, the national car prices declined by more than 1%.

The National Development and Reform Commission price monitoring center last week released price monitoring for 36 large and medium-sized cities across the country. In July, the prices of the national auto market continued to decline slightly. The prices of domestic autos and imported autos all dropped by more than 1% year-on-year, among which imported car prices also appeared consecutively. The month goes low.

Statistics show that in July domestic auto prices fell 1.15% over the same period last year. Passenger car prices fell by 1.62% year-on-year; among sub-models, SUV and minibus prices fell 2.73% and 3.40% respectively from the same period of last year, while car prices were unchanged from last month. In addition, the price of imported cars fell for three consecutive months. In July, the price of imported cars fell by 2.55% year-on-year, of which, the price of imported cars dropped by 0.17% and 4.98% year-on-year, respectively, and the prices of imported SUVs fell by 0.5% and 0.04% respectively year-on-year.