Capital goods prices unchanged overall

Capital goods prices unchanged overall – Media release

In the December 2012 quarter, the price of purchasing new capital items remained unchanged from the September 2012 quarter, Statistics New Zealand said today. Increases in prices for residential buildings, civil construction, non-residential buildings, and land improvement offset decreases for plant, machinery, and equipment, and for transport equipment.

The major upward contributions to the CGPI came from:
• the residential buildings price index (up 0.5 percent)
• the civil construction price index (up 0.7 percent)
• the non-residential buildings price index (up 0.3 percent).

The rises in the December 2012 quarter were offset by decreases in the price indexes for plant, machinery, and equipment (down 0.9 percent), and for transport equipment (down 0.4 percent).

In the year to the December 2012 quarter, the CGPI rose 0.9 percent.

The CGPI measures the change in the purchase price of capital goods used by New Zealand producers.

ENDS

For more information about these statistics:
• Visit Capital Goods Price Index: December 2012 quarter
•
• Open the attached files

Information release (PDF) Tables (Excel) Copy of this media release (PDF)

(See attached file: CapitalGoodsPriceIndexDec12qtr.pdf)(See attached file: cgpi-dec12qtr-tables.xls)(See attached file: CapitalGoodsPriceIndexDec12qtrMR.pdf)

http://img.scoop.co.nz/media/pdfs/1302/CapitalGoodsPriceIndexDec12qtr.pdf

http://img.scoop.co.nz/media/pdfs/1302/cgpidec12qtrtables.xls

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