Machinery prices decline

May 25, 2011 – The Machinery and Equipment Price Index (MEPI) declined by 1.5 per cent in the
first quarter compared to the previous quarter. The import component
decreased 2.2 per cent over this period, while the domestic component fell 0.1 per cent.
Compared with the first quarter of 2010, the total MEPI decreased 2.9 per cent,
with the import and domestic components declining 4.3 per cent and 0.5 per cent
respectively.
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