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CN E-commerce Logistic Index Falls MoM to 108.9 in Feb
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China's E-commerce Logistic Index (ELI) declined MoM in February due to the holiday in early-February, but the rate of decline narrowed significantly, according to the China Federation of Logistics and Purchasing (CFLP). After the Chinese New Year (CNY) holiday, the e-commerce logistics market resumed a stable development trend, and the total business volume index was higher than the level in the same period last year. The ELI was 108.9 in February, down 0.3 points from that in January, pursuant to data. AAStocks Financial News |
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