Price Level of Capital Formation for Cyprus
PLICPPCYA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.60
Year-over-Year Change
-15.09%
Date Range
1/1/1950 - 1/1/2019
Summary
The Price Level of Capital Formation for Cyprus measures changes in the overall price level of capital goods and services acquired for use in the production process. It is a key indicator for economists and policymakers assessing investment trends and inflationary pressures.
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 prices of a comprehensive basket of capital goods, including machinery, equipment, construction materials, and intellectual property products. It provides insights into the cost dynamics facing businesses and informs broader macroeconomic analysis.
Methodology
The data is collected through surveys of businesses and compiled by the Cyprus Statistical Service.
Historical Context
Policymakers use this metric to evaluate the investment climate and monitor potential inflationary risks.
Key Facts
- Cyprus is a member of the European Union and the Eurozone.
- Capital formation accounts for approximately 20% of Cyprus's GDP.
- Inflationary pressures in capital goods can impact business investment decisions.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Capital Formation for Cyprus measures changes in the overall price level of capital goods and services acquired for use in the production process.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into the cost dynamics facing businesses and informs broader macroeconomic analysis, particularly regarding investment trends and inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and compiled by the Cyprus Statistical Service.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to evaluate the investment climate and monitor potential inflationary risks.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Cyprus Statistical Service, with some potential for minor publication delays.
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Citation
U.S. Federal Reserve, Price Level of Capital Formation for Cyprus (PLICPPCYA670NRUG), retrieved from FRED.