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Home > News > > Product price in Machinery Industry during Jan. to Dec. continue to decrease

Product price in Machinery Industry during Jan. to Dec. continue to decrease

By CFM , 2015-12-21 09:36:48

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In recent years, the year-on-year decreasing degree of the product price in Machinery Industry has been equally lower than the decreasing degree of national industry. In the former 10 months, accumulatively the decreasing degree of product price on a year-on-year basis was 3.9 percentage point lower than that of national industry, running on the pace of steadiness.

During the period of January to October, the accumulative price decreased by 1.2% on a year-on-year basis in Machinery Industry, which was successively the 46th month to have the price decreased, leveling off the degree in the former 9 months. In Oct., the price of machinery products decreased by 1.5% on a year-on-year basis and the decrease degree was 0.11 percentage point higher than the exponent in Sep..

Based on the statistics provided by China Machinery Industry Federation, in the period of January to October, there were 101 kinds of machinery products that had their prices decreased on a year-on-year basis, taking 71.13% of the total 142 kinds of products in this survey, which was 20 kinds increased. The number of product with the accumulative prices increased dropped to 32 kinds, which was 29 kinds decreased over the same period in last year.

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