The total cost of social logistics in the first three quarters increased by 18.7% year-on-year

China Logistics and Purchasing Federation released on the 21st, "the first three quarters of 2011, the analysis of logistics operations," the report pointed out that the first three quarters of the overall situation of China's logistics operations is good, but the cost remains high, the total cost of social logistics is 5.8 trillion yuan, With a year-on-year increase of 18.7%, the ratio of total social logistics costs to GDP was 18%, indicating that logistics costs in the economy are still high.

According to the report, the total social logistics costs in the first three quarters were 5.8 trillion yuan, an increase of 18.7% year-on-year, 0.2 percentage points higher than the first half of the year, 3.8 percentage points higher than the same period of last year, and the ratio of total social logistics costs to GDP was 18%. Increase by 0.1%.

The report analyzes that logistics costs remain high. The reasons are: first, the impact of rising raw materials, fuel, power prices, and labor costs; second, the increase in lending rates and the lower efficiency of corporate capital use. Third, China is still in the During the period of accelerated development of industrialization and urbanization, the overall scale of logistics demand remained at a relatively high level and a relatively rapid growth rate.

The report specifically mentioned that since the fourth quarter of last year, domestic gasoline and diesel prices have been raised four times in a row. In September of this year, the cumulative price of diesel in circulation increased by 22.9% year-on-year, and the cumulative price of gasoline rose by 17.4% year-on-year.