Real Changes in Inventories for Russia
NINVRNSAXDCRUQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,285,348.30
Year-over-Year Change
411.09%
Date Range
1/1/2011 - 10/1/2024
Summary
The 'Real Changes in Inventories for Russia' measures the inflation-adjusted quarterly changes in the value of unsold goods held by businesses in Russia. This indicator provides insights into production, demand, and economic conditions.
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
This data series tracks the real, seasonally adjusted changes in the level of inventories or unsold goods held by companies in Russia. It is a key component of Russia's quarterly gross domestic product (GDP) figures and helps economists assess the broader state of the Russian economy.
Methodology
The data is collected and calculated by the Federal State Statistics Service of Russia.
Historical Context
This inventory metric is closely watched by policymakers, analysts, and investors for signals about Russia's economic growth, consumer demand, and production trends.
Key Facts
- Inventory changes directly impact Russia's quarterly GDP figures.
- Rising inventories can signal slowing demand or oversupply.
- Falling inventories suggest healthy consumer demand and production.
FAQs
Q: What does this economic trend measure?
A: The 'Real Changes in Inventories for Russia' metric tracks the inflation-adjusted quarterly changes in the level of unsold goods or inventories held by businesses in Russia.
Q: Why is this trend relevant for users or analysts?
A: This inventory data provides important insights into production, demand, and the overall state of the Russian economy that are closely monitored by policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Federal State Statistics Service of Russia.
Q: How is this trend used in economic policy?
A: Inventory levels are a key input for Russia's GDP figures and provide signals about economic growth, consumer demand, and production that inform policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis with a short delay, providing a timely indicator of economic conditions in Russia.
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Citation
U.S. Federal Reserve, Real Changes in Inventories for Russia (NINVRNSAXDCRUQ), retrieved from FRED.