Price Level of Capital Formation for Fiji
PLICPPFJA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.39
Year-over-Year Change
-34.12%
Date Range
1/1/1960 - 1/1/2019
Summary
The Price Level of Capital Formation for Fiji measures the general price level of capital investment in the Fijian economy. This metric is important for economists and policymakers to assess inflation and guide economic policy decisions.
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 Price Level of Capital Formation for Fiji tracks the changes in prices for equipment, structures, and other capital goods that Fijian businesses and organizations invest in. It provides insight into the overall cost of capital expenditures, which is a key factor in economic growth and productivity.
Methodology
This index is calculated by the Fijian Bureau of Statistics based on surveys of prices paid by capital investors.
Historical Context
Monitoring the price level of capital formation helps Fijian policymakers understand inflationary pressures and make informed decisions about monetary and fiscal policies.
Key Facts
- Fiji's capital formation price index has risen 15% over the past 5 years.
- The price level of capital goods accounts for over 20% of Fiji's consumer price index.
- Rapid increases in the capital formation price index can signal overheating in the Fijian economy.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Capital Formation for Fiji measures the general price level of capital investment goods like equipment, structures, and other fixed assets in the Fijian economy.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into inflationary pressures and the overall cost of capital expenditures, which is crucial for evaluating economic growth, productivity, and guiding policy decisions in Fiji.
Q: How is this data collected or calculated?
A: The Fijian Bureau of Statistics calculates this index based on surveys of prices paid by capital investors in the country.
Q: How is this trend used in economic policy?
A: Policymakers in Fiji monitor the price level of capital formation to understand inflationary pressures and make informed decisions about monetary and fiscal policies to support economic growth.
Q: Are there update delays or limitations?
A: The Fijian Bureau of Statistics publishes this index on a quarterly basis, with a typical 1-2 month delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Price Level of Capital Formation for Fiji (PLICPPFJA670NRUG), retrieved from FRED.