National Accounts: GDP by Expenditure: Current Prices: Changes in Inventories and Net Acquisition of Valuables for Hungary
HUNCINSQDSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
129,366,000,000.00
Year-over-Year Change
-44.85%
Date Range
1/1/1995 - 7/1/2023
Summary
This economic trend measures changes in inventories and net acquisition of valuables for the Hungarian economy, which is an important component of gross domestic product (GDP) by expenditure.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Changes in inventories and net acquisition of valuables is a key economic indicator that reflects the level of production and investment activity in an economy. It provides insights into business and consumer confidence, as well as supply chain dynamics.
Methodology
The data is collected and calculated by the Hungarian Central Statistical Office.
Historical Context
This trend is closely monitored by policymakers and analysts to assess the overall health and direction of the Hungarian economy.
Key Facts
- Changes in inventories and net acquisition of valuables contribute to GDP growth.
- Positive changes can signal increased production and investment.
- Negative changes may indicate a slowdown in economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures changes in inventories and net acquisition of valuables, which is a component of gross domestic product (GDP) by expenditure in Hungary.
Q: Why is this trend relevant for users or analysts?
A: Changes in inventories and net acquisition of valuables provide insights into the level of production, investment, and overall economic activity in Hungary.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Hungarian Central Statistical Office.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend to assess the health and direction of the Hungarian economy, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness and reporting practices of the Hungarian Central Statistical Office.
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Citation
U.S. Federal Reserve, National Accounts: GDP by Expenditure: Current Prices: Changes in Inventories and Net Acquisition of Valuables for Hungary (HUNCINSQDSMEI), retrieved from FRED.