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• A decrease by 0.5% in MEPI indicator in the First half of 2019.
• An Increase by 0.5% Annual rate of MEPI

The Planning & Statistics Authority (PSA) has released the Machinery & Equipment Price Index (MEPI) for the first half 2019, Which reached 102.01 points, decrease by 0.5% compared with the second half of the year 2018,  a 0.5%  increase on annual rate of MEPI, when compared with the counterpart of the previous year 2018. The MEPI is one the economic indicators produced by the Authority. This indicator calculated as semi - annual, with base year 2013.

A comparison of the First Half, 2019 with that of the Second Half, 2018 :
An analysis [on H-o-H basis] of MEPI [First half, 2019 against second half, 2018 ] shows that three  of  the main groups were decreased namely: “Special-purpose machines” by 3.2%, followed by “Machinery and Electrical Appliances” by 3.0%, and “Office, Accounting and Computing machinery” by 1.4%. An increase recorded in “Musical instruments” by 9.2%, followed by “Medical appliances, precision and optical instruments” by 3.5%, “Metal tools and tools” by 2.1%, “Transport equipment” by 1.3%, and “Radio, Television and Communication” by 3.6%, “General purpose machinery” by 0.3%. Graph (1) shows the index of the main group with the highest weight during the first half of 2018 and the first  half of 2019.

 A comparison of the First Half, 2019 with the First Half, 2018 (Yearly Changes ):
A comparison of the MEPI of First half, 2019 with the first half, 2018,  MEPI has been increased by 0.5%, affected by groups prices increased namely: “Medical appliances, precision and optical instruments” by 6.9%, followed by “Radio, Television and Communication” by 5.5%, “Musical instruments” by 5.3%, “Transport equipment” by 2.1%, and “Office, Accounting and Computing machinery” by 1.0%. A decrease recorded in “Special-purpose machines” by 2.7%, followed by Machinery and Electrical Appliances” by 2.6%, “Metal tools and tools” by 1.8%, “General purpose machinery” by 1.7%.  Graph (2) shows the trend of  MEPI during 2018 and 2019.

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