Caterpillar (CAT) says due to changing economic conditions it will be raising prices on most of...

|About: Caterpillar Inc. (CAT)|By:, SA News Editor

Caterpillar (CAT) says due to changing economic conditions it will be raising prices on most of its machines by up to 3% in January, and will also introduce an emissions-related increase of 7% on other select models. The company, which has been struggling as of late with a slowdown in its China business, will release details by product to dealers soon, and the increases will vary across geographic regions and products.