Why correlation analysis in leading indicator selection might not be the best way to go about forecasting

Why correlation analysis in leading indicator selection might not be the best way to go about forecasting

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April 25, 2022

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January 27, 2023

Heavy trucks registrations in December sees a -1.9% YoY decline and forecasted numbers for January 2023

The commercial vehicle segment continues to decline across the board, with CVs (above 16T) registrations numbers retreating -1.9% at 20,365 registrations.

January 20, 2023

Passenger car registrations in December continues on an uptrend, posts YoY increase by 12.8%

For the fifth month running, December continues on the uptrend, with 896,967K registrations.

December 23, 2022

November’s heavy trucks registrations reported a +21.1 YoY growth amidst declining CV segment

The commercial vehicle segment continues to decline, with the exception of heavy trucks (above 16T) registrations numbers sticking out with a reported +21.1% YoY growth, coming in strong with 24,032 registrations.

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