Nominal Changes in Inventories for Russia
NINVNSAXDCRUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-274,599.00
Year-over-Year Change
68.31%
Date Range
7/1/1993 - 10/1/2010
Summary
This economic indicator tracks the nominal changes in inventories for Russia, a key measure of business investment and economic activity.
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 nominal changes in inventories represent the monetary value of additions or reductions to business stockpiles of raw materials, work-in-progress, and finished goods. This metric provides insight into production trends and inventory management strategies.
Methodology
The data is collected through surveys of Russian businesses and calculated by the Federal State Statistics Service.
Historical Context
Policymakers and analysts monitor inventory changes to assess the broader state of the Russian economy.
Key Facts
- Inventories are a key component of gross domestic product.
- Rising inventories can signal economic expansion, while falling inventories may indicate a slowdown.
- Inventory data provides insights into production planning and distribution logistics.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the nominal, or inflation-adjusted, changes in business inventories for Russia. It provides insight into production and investment levels in the Russian economy.
Q: Why is this trend relevant for users or analysts?
A: Inventory changes are an important signal of broader economic conditions, as they reflect business investment, production planning, and distribution strategies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Russian businesses and calculated by the Federal State Statistics Service.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor inventory changes to assess the overall state of the Russian economy and guide decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The inventory data is published quarterly, with a lag of several months. Users should be aware of potential delays or revisions in the reported figures.
Related Trends
Real Gross Capital Formation for Russia
NIRNSAXDCRUQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Russia
RUSCP050000IXOBM
Producer Prices Index: Type of Goods: Intermediate Goods: Domestic for Russia
RUSPITGIG02GPM
Nominal Imports of Goods and Services for Russia
NMNSAXDCRUQ
Population, Total for Russian Federation
POPTOTRUA647NWDB
Number of Identified Exporters to Russia from District of Columbia
DCRUSA475SCEN
Citation
U.S. Federal Reserve, Nominal Changes in Inventories for Russia (NINVNSAXDCRUQ), retrieved from FRED.