Excavator sales surge nearly 70% year-on-year in May
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Last Update: 2020-07-12
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Source: Internet
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Author: User
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Sales of excavators reached 31,700 units in May, up 68% year-on-year, according to the China Association of Construction MachineryPreviously, in March and April, excavator sales were 49,400 units and 45,400 units, respectively, the highest monthly and second highest monthlyaccording to data from the China Association of Engineering Machinery, excavator sales reached 31,700 units in May, up 68% year-on-yearPreviously, in March and April, excavator sales were 49,400 units and 45,400 units, respectively, the highest monthly and second highest monthlynote, excavator sales have grown rapidly for three consecutive months, triggering a recovery in confidence in the major infrastructure sectorsThe market's enthusiasm for machinery and equipment often represents potential downstream demandThis does not preclude a degree of rebound in investments in infrastructure, mining, transportation, real estate and other areas
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