Price Level of Capital Formation for Hong Kong
PLICPPHKA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.82
Year-over-Year Change
66.01%
Date Range
1/1/1960 - 1/1/2019
Summary
The Price Level of Capital Formation for Hong Kong measures changes in the overall price level of capital investment in the Hong Kong economy over time. This trend is an important indicator for economists and policymakers assessing the cost of business investment.
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 Hong Kong is an index that tracks the prices paid for capital goods and services used for business investment in the Hong Kong economy. It is a key component of assessing overall economic growth and business spending trends.
Methodology
This data is collected through surveys of businesses and contractors in Hong Kong and calculated as an index by the U.S. Federal Reserve.
Historical Context
Economists and policymakers use this index to understand the costs and constraints facing business investment in Hong Kong.
Key Facts
- Hong Kong is a major global financial and trade hub.
- Capital formation is a key driver of economic growth.
- Prices of capital goods impact the cost of business investment.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Capital Formation for Hong Kong measures changes in the overall price level of capital goods and services used for business investment in the Hong Kong economy.
Q: Why is this trend relevant for users or analysts?
A: This trend is an important indicator for economists and policymakers assessing the cost and feasibility of business investment in Hong Kong, which is a key driver of economic growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and contractors in Hong Kong and calculated as an index by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this index to understand the costs and constraints facing business investment in Hong Kong, which informs decisions around economic policy and investment incentives.
Q: Are there update delays or limitations?
A: There may be delays in data reporting or limitations in survey coverage that users should be aware of when interpreting this economic trend.
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Citation
U.S. Federal Reserve, Price Level of Capital Formation for Hong Kong (PLICPPHKA670NRUG), retrieved from FRED.