The Planning & Statistics Authority (PSA) has released the Machinery & Equipment Price Index (MEPI) for the Second Half 2020, Which reached 99.97 points, decrease by 0.7% compared with the First Half of 2020, and a 1.2% decrease of MEPI, when compared with the counterpart of the previous year 2019. The MEPI is one the economic indicators produced by the Authority. This indicator calculated as semi - annual, with base year 2013.

An analysis on [H-o-H basis] of MEPI [Second Half, 2020 against First Half, 2020] shows that three of  the main groups were decreased namely: “Radio, Television and Communication” by 12.6%, “Medical appliances, precision and optical instruments”  by 5.6%, “Transport equipment” by 1.4%. An increase recorded in “Office, Accounting and Computing machinery” by 2.9%, “Musical instruments” by 1.4%, “General purpose machinery” by 1.1%, “Special-purpose machines” by 0.8%, “Metal tools and tools” and “Machinery and Electrical Appliances” by 0.1% each. 

A comparison of the MEPI of Second Half, 2020 with the Second Half , 2019,  shown that, there has been a decrease by 1.2%, affected by groups prices declined namely: ”Radio, Television and Communication” by 13.4%, “Medical appliances, precision and optical instruments” by 10.0%, “General purpose machinery” by 3.8%, “Musical instruments” by 3.4%, “Machinery and Electrical Appliances” by 3.5%, “Metal tools and tools” by 2.3% “Office, “Accounting and Computing machinery” by 0.9%, and  “Transport” by 0.6%.  As for increase, it was recorded in one group that was “Special-purpose machines” by 3.1%. 

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