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Machinery and equipment price indexes climb

OTTAWA, Ont. -- In the second quarter, the Machinery and Equipment Price Index was 137.8, that's up 0.7 per cent fr...


OTTAWA, Ont. — In the second quarter, the Machinery and Equipment Price Index was 137.8, that’s up 0.7 per cent from the first quarter of 2001.

The domestic and imported components increased by 0.4 per cent and one per cent respectively. Compared with the second quarter of 2000, the overall index advanced 3.5 per cent; the domestic component was up 1.7 per cent and the imported component rose 4.9 per cent.

Three industries contributed to the rise in the index in the second quarter, with trucking wedged firmly in the group. Manufacturing was up 0.8 per cent, while agriculture and transport jumped 0.7 per cent each.

Year-over-year, the increase experienced by transport totals 2.9 per cent.


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