Price Level of Capital Formation for Kuwait
PLICPPKWA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.42
Year-over-Year Change
-2.65%
Date Range
1/1/1970 - 1/1/2019
Summary
The Price Level of Capital Formation for Kuwait measures the relative price level of capital goods and services used for investment purposes in the Kuwaiti economy. This metric is crucial for economists and policymakers to understand inflationary pressures and the cost of capital formation.
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 index tracks the price changes of a broad basket of capital goods and services, including machinery, equipment, construction materials, and other investment-related expenditures in Kuwait. It serves as an important indicator of the costs faced by businesses and the government when investing in physical assets to expand the country's productive capacity.
Methodology
The data is collected by the Kuwaiti Central Statistical Bureau through surveys of businesses and government agencies.
Historical Context
Monitoring the Price Level of Capital Formation helps policymakers assess the affordability and viability of investment projects, which is crucial for supporting economic growth and development.
Key Facts
- The base year for the index is 2015 = 100.
- Kuwait is a major oil exporter, so energy costs significantly impact capital formation prices.
- The index has shown moderate inflation in capital goods prices over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Capital Formation for Kuwait measures the relative prices of a broad basket of capital goods and services used for investment purposes in the Kuwaiti economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding inflationary pressures and the cost of capital formation, which is essential for supporting economic growth and development in Kuwait.
Q: How is this data collected or calculated?
A: The data is collected by the Kuwaiti Central Statistical Bureau through surveys of businesses and government agencies.
Q: How is this trend used in economic policy?
A: Monitoring the Price Level of Capital Formation helps policymakers assess the affordability and viability of investment projects, which is crucial for supporting economic growth and development.
Q: Are there update delays or limitations?
A: The index is published regularly by the Kuwaiti government, but there may be some delays in data availability.
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Citation
U.S. Federal Reserve, Price Level of Capital Formation for Kuwait (PLICPPKWA670NRUG), retrieved from FRED.