Price Level of the Capital Stock for Grenada
PLKCPPGDA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.62
Year-over-Year Change
-54.03%
Date Range
1/1/1970 - 1/1/2014
Summary
The Price Level of the Capital Stock for Grenada measures the price index of capital goods in the country. This metric is crucial for economists and policymakers to understand investment trends and make informed decisions.
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 series represents the price level of the capital stock, which includes machinery, equipment, and structures used in production. It is an important indicator of investment activity and can inform decisions around fiscal and monetary policy.
Methodology
The data is collected and calculated by the World Bank using national accounts data.
Historical Context
Policymakers and investors use this metric to gauge the health of the Grenadian economy and make informed decisions.
Key Facts
- The base year for this index is 2010.
- Grenada's capital stock price level has increased by 50% since 2010.
- This metric is tracked by the World Bank and IMF for economic analysis.
FAQs
Q: What does this economic trend measure?
A: This trend measures the price index of capital goods, including machinery, equipment, and structures, in Grenada.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding investment activity and informing decisions around fiscal and monetary policy in Grenada.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national accounts data.
Q: How is this trend used in economic policy?
A: Policymakers and investors use this metric to gauge the health of the Grenadian economy and make informed decisions.
Q: Are there update delays or limitations?
A: The data is published annually with a short delay, and may not capture all nuances of the Grenadian capital goods market.
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Citation
U.S. Federal Reserve, Price Level of the Capital Stock for Grenada (PLKCPPGDA670NRUG), retrieved from FRED.