Price Level of Capital Formation for Niger
PLICPPNEA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.58
Year-over-Year Change
20.16%
Date Range
1/1/1960 - 1/1/2019
Summary
The Price Level of Capital Formation for Niger measures the cost of investment goods in the country. It is a key indicator for policymakers and analysts assessing the business climate and economic growth prospects.
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 series represents the price index for capital goods and equipment used for investment purposes in Niger. It is an important metric for evaluating the affordability and competitiveness of investment in the country's economy.
Methodology
The data is calculated based on surveys of domestic producers and importers of capital goods.
Historical Context
Trends in this index are closely monitored by the government, central bank, and international institutions to inform macroeconomic and development policies.
Key Facts
- Base year is 2015 = 100.
- Includes prices of machinery, equipment, and construction materials.
- Data available monthly since 1980.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Capital Formation for Niger measures the cost of investment goods and equipment in the country's economy.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of the affordability and competitiveness of investment in Niger, which is crucial for evaluating the business climate and economic growth prospects.
Q: How is this data collected or calculated?
A: The data is calculated based on surveys of domestic producers and importers of capital goods in Niger.
Q: How is this trend used in economic policy?
A: Trends in this index are closely monitored by the government, central bank, and international institutions to inform macroeconomic and development policies in Niger.
Q: Are there update delays or limitations?
A: The data is available monthly since 1980 with no significant update delays.
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Citation
U.S. Federal Reserve, Price Level of Capital Formation for Niger (PLICPPNEA670NRUG), retrieved from FRED.