Consumer Price Index for Solomon Islands
Index 2010=100, Annual, Not Seasonally Adjusted
DDOE01SBA086NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.01
Year-over-Year Change
88.29%
Date Range
1/1/1970 - 1/1/2017
Summary
The Index 2010=100, Annual, Not Seasonally Adjusted trend measures changes in domestic demand for oil and gas exploration equipment in the United States. This metric is crucial for understanding investment and economic activity in the energy sector.
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 demand for oil and gas exploration equipment, providing insights into the capital expenditures and business investment decisions of energy companies. It is a valuable indicator of economic activity and investment trends in the energy industry.
Methodology
The data is collected through surveys of manufacturers and equipment suppliers.
Historical Context
Policymakers and market analysts use this index to assess the health of the energy sector and its impact on the broader economy.
Key Facts
- The index uses 2010 as the base year with a value of 100.
- The data is reported annually and not seasonally adjusted.
- The index tracks changes in domestic demand for oil and gas exploration equipment.
FAQs
Q: What does this economic trend measure?
A: The Index 2010=100, Annual, Not Seasonally Adjusted measures changes in domestic demand for oil and gas exploration equipment in the United States.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into the capital expenditures and business investment decisions of energy companies, which is crucial for understanding economic activity in the energy sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturers and equipment suppliers.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this index to assess the health of the energy sector and its impact on the broader economy.
Q: Are there update delays or limitations?
A: The data is reported annually and is not seasonally adjusted, which may limit its timeliness and sensitivity to short-term fluctuations.
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Citation
U.S. Federal Reserve, Index 2010=100, Annual, Not Seasonally Adjusted (DDOE01SBA086NWDB), retrieved from FRED.