In the first quarter of this year, the prices of machinery industry products continued to decline year-on-year. Statistics show that the cumulative price of machinery industry products fell by 1.04% in the first three months compared to the same period of last year, and the rate of decline was unchanged from January to February, but it increased by 0.12 percentage points over the previous year; the accumulated price of the machinery industry has dropped for 39 consecutive months. In the month of March, the price of machinery products decreased by 1.03% year-on-year, a deceleration of 0.05% from February.
Compared with the national industry, the price index of the machinery industry was relatively stable, and since the middle of 2012, the overall price index of the machinery industry was slightly higher than that of the national industry. In the first quarter of this year, the cumulative price index of the machinery industry continued to be 3.52 percentage points higher than that of the national industry. That is to say, the cumulative price of machinery products was down by 3.52 percentage points year-on-year from the national industry.
In the first quarter, the cumulative number of products in the machinery industry decreased year-on-year and the number of products remained high. Among the 142 kinds of mechanical products in this statistics, there were 92 kinds of products with cumulative prices falling year-on-year, accounting for as much as 64.79%, 2 more than in January-February and 12 more than in the same period of the previous year, while cumulative prices increased year-on-year. The number of products was reduced to 47, which is 2 less than in January to February.
In terms of sub-sectors, in the first quarter, the prices of most of the related industries showed a year-on-year decline, and the prices of a few products rose year-on-year.
Agricultural machinery industry: In addition to the year-on-year increase in the prices of a few products such as rice milling machinery, harvesting machinery and agricultural and non-staple food processing machinery, the cumulative price of most products has declined year-on-year.
Construction machinery industry: The prices of major products such as excavation, shovel transportation machinery, compaction machinery, and cement special equipment all decreased year-on-year.
Petrochemical general machinery industry: In addition to the year-on-year increase in the prices of a few products such as blowers, ventilators, and reactors, the prices of most products such as valves, pumps, compressors, tower equipment, and petroleum drilling equipment fell.
Heavy mining industry: The prices of most products such as metal rolling equipment, conveying machinery, well construction equipment, and mining and rock drilling equipment decreased year-on-year; the prices of loading and unloading machinery, metal smelting equipment, and mine lifting equipment increased slightly year-on-year.
Machine tool industry: The prices of most common machine tools decreased year-on-year, while the prices of CNC machine tools increased year-on-year.
Electrician industry: Prices of most products have fallen year-on-year, such as hydro-generators, boilers, steam turbines, motors, transformers, alternators, wires and cables.
Automotive industry: The price of passenger cars and light buses decreased year-on-year, while the prices of large and medium-sized passenger cars and trucks rose year-on-year.
Basic parts industry: The vast majority of product prices fell year-on-year, such as bearings, gears, hydraulic components, springs, and fasteners.
In addition, the prices of most products of the instrumentation industry, cultural office equipment industry, internal combustion engine industry, and castings and forgings also declined year-on-year.
Compared with the national industry, the price index of the machinery industry was relatively stable, and since the middle of 2012, the overall price index of the machinery industry was slightly higher than that of the national industry. In the first quarter of this year, the cumulative price index of the machinery industry continued to be 3.52 percentage points higher than that of the national industry. That is to say, the cumulative price of machinery products was down by 3.52 percentage points year-on-year from the national industry.
In the first quarter, the cumulative number of products in the machinery industry decreased year-on-year and the number of products remained high. Among the 142 kinds of mechanical products in this statistics, there were 92 kinds of products with cumulative prices falling year-on-year, accounting for as much as 64.79%, 2 more than in January-February and 12 more than in the same period of the previous year, while cumulative prices increased year-on-year. The number of products was reduced to 47, which is 2 less than in January to February.
In terms of sub-sectors, in the first quarter, the prices of most of the related industries showed a year-on-year decline, and the prices of a few products rose year-on-year.
Agricultural machinery industry: In addition to the year-on-year increase in the prices of a few products such as rice milling machinery, harvesting machinery and agricultural and non-staple food processing machinery, the cumulative price of most products has declined year-on-year.
Construction machinery industry: The prices of major products such as excavation, shovel transportation machinery, compaction machinery, and cement special equipment all decreased year-on-year.
Petrochemical general machinery industry: In addition to the year-on-year increase in the prices of a few products such as blowers, ventilators, and reactors, the prices of most products such as valves, pumps, compressors, tower equipment, and petroleum drilling equipment fell.
Heavy mining industry: The prices of most products such as metal rolling equipment, conveying machinery, well construction equipment, and mining and rock drilling equipment decreased year-on-year; the prices of loading and unloading machinery, metal smelting equipment, and mine lifting equipment increased slightly year-on-year.
Machine tool industry: The prices of most common machine tools decreased year-on-year, while the prices of CNC machine tools increased year-on-year.
Electrician industry: Prices of most products have fallen year-on-year, such as hydro-generators, boilers, steam turbines, motors, transformers, alternators, wires and cables.
Automotive industry: The price of passenger cars and light buses decreased year-on-year, while the prices of large and medium-sized passenger cars and trucks rose year-on-year.
Basic parts industry: The vast majority of product prices fell year-on-year, such as bearings, gears, hydraulic components, springs, and fasteners.
In addition, the prices of most products of the instrumentation industry, cultural office equipment industry, internal combustion engine industry, and castings and forgings also declined year-on-year.
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