Price Level of Capital Formation for Oman
PLICPPOMA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.46
Year-over-Year Change
82.22%
Date Range
1/1/1970 - 1/1/2019
Summary
The Price Level of Capital Formation for Oman tracks changes in the prices of investment goods and equipment used in the capital formation process within the Omani 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
This indicator provides insight into the inflationary pressures and price dynamics experienced by businesses and investors as they build productive capacity in Oman. It is a key metric for economists and policymakers monitoring the country's economic development and investment climate.
Methodology
The data is collected through surveys of businesses and contractors and calculated as an index by Oman's National Center for Statistics and Information.
Historical Context
Trends in this measure can inform monetary and fiscal policies aimed at promoting sustainable investment and economic growth.
Key Facts
- Oman is a major oil exporter in the Middle East.
- Capital formation is crucial for economic diversification.
- Stable investment prices support business confidence.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Capital Formation for Oman tracks changes in the prices of investment goods and equipment used in the capital formation process within the Omani economy.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the inflationary pressures and price dynamics experienced by businesses and investors as they build productive capacity in Oman, making it a key metric for economists and policymakers monitoring the country's economic development and investment climate.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and contractors and calculated as an index by Oman's National Center for Statistics and Information.
Q: How is this trend used in economic policy?
A: Trends in this measure can inform monetary and fiscal policies aimed at promoting sustainable investment and economic growth in Oman.
Q: Are there update delays or limitations?
A: The data is published regularly by the Omani government, but there may be occasional delays or limitations in coverage due to the complexities of collecting comprehensive investment price data.
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Citation
U.S. Federal Reserve, Price Level of Capital Formation for Oman (PLICPPOMA670NRUG), retrieved from FRED.