Vehicle sales: Hanged, drawn, quartered
Will a potential change of rules improve or diminish the value of an important economic indicator?
09 April 2020 - 05:00
Publication of monthly vehicle sales figures, a leading real-time indicator of economic activity, could be on the way out, to be replaced by quarterly aggregates. But even as the motor industry considers reducing frequency of its market data, questions are being asked about the accuracy of current figures.
By one leading car dealer’s estimate, sales may be exaggerated by 5% in some months. In extreme circumstances, it could be 10%...
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