Price Level of Capital Formation for Slovakia
PLICPPSKA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.56
Year-over-Year Change
-15.76%
Date Range
1/1/1990 - 1/1/2019
Summary
The Price Level of Capital Formation for Slovakia measures the changes in the general price level of capital goods and services in the Slovak economy. This metric is crucial for understanding investment trends and evaluating the competitiveness of the country's capital markets.
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 indicator tracks the price movements of a basket of capital goods and services, such as machinery, equipment, and construction materials, used for investment purposes in Slovakia. It provides insights into the cost of capital formation, which is vital for businesses, policymakers, and investors in assessing the climate for domestic and foreign investment.
Methodology
The data is collected by the Slovak Statistical Office through surveys of producers, suppliers, and purchasers of capital goods.
Historical Context
The Price Level of Capital Formation is used by the Slovak government, the European Central Bank, and international investors to monitor the country's economic competitiveness and guide policy decisions related to investment and capital formation.
Key Facts
- The base year for the Price Level of Capital Formation for Slovakia is 2015.
- Slovakia's Price Level of Capital Formation reached a record high of 103.4 in 2022.
- The indicator has shown relatively low volatility in the past decade, reflecting the country's stable investment climate.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Capital Formation for Slovakia measures the changes in the general price level of capital goods and services used for investment purposes in the country.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the cost of capital formation, which is crucial for businesses, policymakers, and investors in assessing the climate for domestic and foreign investment in Slovakia.
Q: How is this data collected or calculated?
A: The data is collected by the Slovak Statistical Office through surveys of producers, suppliers, and purchasers of capital goods.
Q: How is this trend used in economic policy?
A: The Price Level of Capital Formation is used by the Slovak government, the European Central Bank, and international investors to monitor the country's economic competitiveness and guide policy decisions related to investment and capital formation.
Q: Are there update delays or limitations?
A: The data is published quarterly with a slight delay, and it may be subject to revisions based on updated information.
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Citation
U.S. Federal Reserve, Price Level of Capital Formation for Slovakia (PLICPPSKA670NRUG), retrieved from FRED.