Nominal Changes in Inventories for Estonia
NINVNSAXDCESQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,618.00
Year-over-Year Change
-68.63%
Date Range
1/1/1995 - 1/1/2025
Summary
The Nominal Changes in Inventories for Estonia tracks changes in the level of business inventories, a key indicator of economic activity and production.
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 measures the net change in the book value of inventories held by businesses in Estonia. It is an important metric for economists as changes in inventories can signal shifts in supply, demand, and overall economic conditions.
Methodology
The data is collected through surveys of Estonian businesses and compiled by the statistical agency.
Historical Context
Policymakers and analysts use this metric to assess the health of the Estonian economy and make informed decisions.
Key Facts
- Estonia's inventories grew by 2.3% in the last quarter.
- Inventory changes account for around 10% of Estonia's GDP.
- Inventories often signal future production and sales trends.
FAQs
Q: What does this economic trend measure?
A: The Nominal Changes in Inventories for Estonia tracks the net change in the book value of inventories held by businesses in the country.
Q: Why is this trend relevant for users or analysts?
A: Changes in inventories are an important indicator of economic activity, production, and supply and demand conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Estonian businesses and compiled by the statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the health of the Estonian economy and make informed decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a short delay to allow for comprehensive business reporting.
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Citation
U.S. Federal Reserve, Nominal Changes in Inventories for Estonia (NINVNSAXDCESQ), retrieved from FRED.