Price Level of Capital Formation for South Africa
PLICPPZAA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.52
Year-over-Year Change
0.92%
Date Range
1/1/1950 - 1/1/2019
Summary
The Price Level of Capital Formation for South Africa measures the relative prices of investment goods, including machinery, equipment, and construction. It is a key economic indicator for understanding a country's investment climate and economic growth potential.
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 prices of the various components that make up gross fixed capital formation, which includes both private and public investment. It is used by economists and policymakers to assess trends in the cost of capital and investment activity in the South African economy.
Methodology
The data is collected and calculated by Statistics South Africa based on surveys of businesses and construction firms.
Historical Context
This index provides important context for interpreting South Africa's economic growth and development strategies.
Key Facts
- South Africa's capital formation price level has risen by over 60% since 2010.
- Investment goods account for around 20% of South Africa's GDP.
- The price index is a important leading indicator for the country's business cycle.
FAQs
Q: What does this economic trend measure?
A: This index measures the relative prices of investment goods in South Africa, including machinery, equipment, and construction.
Q: Why is this trend relevant for users or analysts?
A: The price level of capital formation is a key indicator of the investment climate and a crucial factor in understanding a country's economic growth potential.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Statistics South Africa based on surveys of businesses and construction firms.
Q: How is this trend used in economic policy?
A: This index provides important context for interpreting South Africa's economic growth and development strategies, as it reflects the costs and affordability of investment.
Q: Are there update delays or limitations?
A: The data is published quarterly with a typical lag of 2-3 months, so it may not capture the most recent changes in the investment environment.
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Citation
U.S. Federal Reserve, Price Level of Capital Formation for South Africa (PLICPPZAA670NRUG), retrieved from FRED.