CCMA: China's excavator sales surge 25% YoY in July, sustaining uptrend

China’s excavator sales to both domestic and overseas markets continued to climb in July, with total sales increasing by 25.2% on year to 17,138 units, according to the latest data released by the China Construction Machinery Association (CCMA).

Specifically, domestic sales reached 7,306 units, up 17.2% on year, while exports surged 31.9% on year to 9,832 units. Despite the typical seasonal slowdown during the summer, sales in July declined by just 8.9% from June. This was a more moderate on-month drop compared to the 17.5% and 20% declines recorded