In the first half of the year, the price of machinery industry products decreased by 1.08%

Abstract Since 2015, the prices of machinery industry products have continued to decline year on year. From January to June, the cumulative price of machinery industry products decreased by 1.08% year-on-year, and the decline rate was 0.02% higher than that in January-May. The cumulative price of machinery industry has dropped for 42 consecutive months. June...
Since 2015, the prices of machinery industry products have continued to decline year on year. From January to June, the cumulative price of machinery industry products decreased by 1.08% year-on-year, and the decline rate was 0.02% higher than that in January-May. The cumulative price of machinery industry has dropped for 42 consecutive months. In June, the price of machinery products fell by 1.16% year-on-year, the same as last month, and the price in June fell by 0.12%.

Compared with the national industry, the price of the machinery industry is relatively stable. Since the middle of 2012, the price of machinery industry has fallen less than that of national industry. In the first half of this year, the cumulative price of the machinery industry fell by 3.53 percentage points year-on-year.

The cumulative product price of machinery industry products has been increasing year by year. From January to June, among the 142 major mechanical products in the statistics, there were 96 kinds of products with cumulative price declines, accounting for 67.61%, 17 more than the same period of the previous year; and the cumulative price increased by 43%. Kind, 20 less than the same period last year.

In terms of industries, the agricultural machinery industry: the cumulative price of most products decreased year-on-year, and only a few products such as rice milling machinery and harvesting machinery rose year-on-year.
Construction machinery industry: The prices of major products have decreased year-on-year, such as excavating earthmoving machinery, compaction machinery, and cement special equipment.
Petrochemical general machinery industry: The prices of most products fell year-on-year, such as valves, pumps, compressors, tower equipment, oil production equipment, oil drilling equipment, etc.; the prices of a few products such as blowers, ventilators and prepress equipment rose year-on-year.
Heavy mining industry: The prices of metal rolling equipment, conveying machinery, well construction equipment and mining rock drilling equipment decreased year-on-year; the prices of loading and unloading machinery, metal smelting equipment, cranes and mine lifting equipment increased slightly year-on-year.
Machine tool industry: The price of most common machine tool products decreased year-on-year, while the prices of CNC machine tools mostly rose year-on-year.
Electrical industry: The price of most products fell year-on-year. Only a few products such as generator sets, switches and transformers rose slightly year-on-year.
Automobile industry: The prices of passenger cars and light buses decreased year-on-year, while the prices of large and medium-sized passenger cars and trucks increased year-on-year.
Basic parts industry: Most products fall year-on-year, such as bearings, gears, hydraulic parts, springs, fasteners, etc.
In addition, the prices of most products and casting and forging products in the instrumentation industry, cultural office equipment industry, internal combustion engine industry are also declining year on year.

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