Kia Rio Vehicles have gone through a strong increase in their selling price recently. There has been a considerable inflation in the selling prices for this model.
The retail prices for Kia Rio cars have gone through a strong rise during the last 6 months. During the first month analyzed in October the average price was . November went through a strong inflation with a rise in the price till S$ 49,800. The following two months (December, January) the selling price went through a devaluation of -15 percent in the average selling price compared to the previous two months analyzed. The average price has risen 6 % during the last two months. This result was obtained based on the price for the first four months (PRECIO1!) and the price (S$ 24,550) during February and March.