National Accounts: GDP by Expenditure: Current Prices: Changes in Inventories and Net Acquisition of Valuables for Luxembourg
LUXCINSQDSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45,681,000.00
Year-over-Year Change
-47.10%
Date Range
1/1/1995 - 7/1/2023
Summary
This economic trend measures changes in inventories and net acquisition of valuables for Luxembourg, which are components of the country's Gross Domestic Product (GDP) by expenditure. It provides insights into Luxembourg's economic activity and production levels.
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
The 'Changes in Inventories and Net Acquisition of Valuables' metric tracks fluctuations in a country's inventory stocks and purchases of valuables, both of which are factored into the overall GDP calculation. This indicator offers economists and policymakers a view of production trends and supply chain dynamics.
Methodology
The data is collected and calculated by the Luxembourg statistical agency based on national accounts reporting.
Historical Context
This metric is used by analysts to assess Luxembourg's economic performance and can inform policy decisions.
Key Facts
- Luxembourg's 'Changes in Inventories and Net Acquisition of Valuables' metric has fluctuated between -700 and 700 million euros in the past decade.
- This indicator accounts for roughly 1-2% of Luxembourg's total GDP.
- Inventory changes can signal production shifts and economic momentum in Luxembourg.
FAQs
Q: What does this economic trend measure?
A: This metric tracks changes in inventories and net acquisition of valuables, which are components of Luxembourg's Gross Domestic Product (GDP) by expenditure.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into Luxembourg's production levels, supply chain dynamics, and overall economic activity, making it relevant for economists and policymakers analyzing the country's performance.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Luxembourg statistical agency based on national accounts reporting.
Q: How is this trend used in economic policy?
A: This metric is used by analysts to assess Luxembourg's economic performance and can inform policy decisions made by the government and central bank.
Q: Are there update delays or limitations?
A: The data is subject to the same update schedule and potential revisions as Luxembourg's broader national accounts reporting.
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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 Luxembourg (LUXCINSQDSMEI), retrieved from FRED.