Price Level of Capital Formation for Saint Kitts and Nevis
PLICPPKNA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.73
Year-over-Year Change
-10.26%
Date Range
1/1/1970 - 1/1/2019
Summary
The Price Level of Capital Formation for Saint Kitts and Nevis measures the price changes of investment goods in the country's economy. This metric is crucial for analyzing the cost of capital and investment activity.
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 price changes over time for a broad basket of capital goods, including machinery, equipment, and construction materials used for investment purposes in Saint Kitts and Nevis. It provides important insights into the cost environment for businesses and investors in the country.
Methodology
The data is collected through surveys of producers and suppliers of capital goods and construction services.
Historical Context
Policymakers and analysts use this index to assess the investment climate and cost pressures faced by businesses in Saint Kitts and Nevis.
Key Facts
- The index base year is 2015.
- Saint Kitts and Nevis is a small island country in the Caribbean.
- Capital formation is a key driver of economic growth.
FAQs
Q: What does this economic trend measure?
A: This index measures the price changes of a broad basket of capital goods, such as machinery, equipment, and construction materials, used for investment purposes in Saint Kitts and Nevis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the cost environment for businesses and investors in Saint Kitts and Nevis, which is crucial for assessing the investment climate and cost pressures faced by the country's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of producers and suppliers of capital goods and construction services in Saint Kitts and Nevis.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess the investment climate and cost pressures faced by businesses in Saint Kitts and Nevis, which can inform economic policies and investment strategies.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions, and there may be limitations in the coverage or representativeness of the underlying survey samples.
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Citation
U.S. Federal Reserve, Price Level of Capital Formation for Saint Kitts and Nevis (PLICPPKNA670NRUG), retrieved from FRED.