National Accounts: GDP by Expenditure: Current Prices: Changes in Inventories and Net Acquisition of Valuables for Russia
RUSCINSQDSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
649,579,551,867.03
Year-over-Year Change
691.38%
Date Range
1/1/2003 - 7/1/2021
Summary
This economic indicator measures changes in inventories and net acquisition of valuables for Russia's gross domestic product (GDP) by expenditure at current prices. It provides insights into the role of inventory investments and valuables in the overall Russian economy.
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
The 'Changes in Inventories and Net Acquisition of Valuables' component of GDP by expenditure represents the value of changes in the level of inventories and the net acquisition of valuables. This metric is crucial for analyzing Russia's economic growth drivers and assessing the impact of inventory dynamics on overall economic performance.
Methodology
The data is collected and calculated by the Federal State Statistics Service of Russia.
Historical Context
Policymakers and analysts use this metric to understand inventory management, production cycles, and investment trends in the Russian economy.
Key Facts
- Changes in inventories and net acquisition of valuables account for over 5% of Russia's GDP.
- Inventory fluctuations can signal future production and consumption trends.
- Valuables, such as precious metals, are an important component of Russia's economic activity.
FAQs
Q: What does this economic trend measure?
A: This indicator measures changes in the level of inventories and the net acquisition of valuables as part of Russia's GDP by expenditure at current prices.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into inventory management, production cycles, and investment trends in the Russian economy, which are crucial for understanding economic growth and performance.
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: Policymakers and analysts use this metric to understand inventory dynamics and their impact on the overall Russian economy, which informs economic policies and investment decisions.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and potential revisions by the Federal State Statistics Service of Russia.
Related Trends
Constant GDP per capita for the Russian Federation
NYGDPPCAPKDRUS
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Health for Russia
RUSCP060000IXOBQ
Balance of Payments: Other Investment: Net (Assets Minus Liabilities) for Russia
RUSB6FAOI01CXCUQ
Real Exports of Goods and Services for Russia
NXRNSAXDCRUQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Russia
RUSCP120000IXOBM
Number of Identified Exporters to Russia from Idaho
IDRUSA475SCEN
Citation
U.S. Federal Reserve, National Accounts: GDP by Expenditure: Current Prices: Changes in Inventories and Net Acquisition of Valuables for Russia (RUSCINSQDSMEI), retrieved from FRED.