Price Level of Capital Formation for Romania
PLICPPROA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.46
Year-over-Year Change
-21.36%
Date Range
1/1/1960 - 1/1/2019
Summary
The Price Level of Capital Formation for Romania measures the general price level of capital goods and services in the Romanian economy. This indicator provides insights into investment trends and production costs, which are crucial for economic policymakers and analysts.
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 Romania is an index that tracks the changes in prices paid for capital goods and services, such as machinery, equipment, and construction, by businesses and investors in Romania. It serves as an important measure of inflationary pressures and investment dynamics in the country.
Methodology
The data is collected by Romania's National Institute of Statistics through surveys of businesses and service providers.
Historical Context
This trend is closely monitored by the National Bank of Romania and other policymakers to assess the state of the Romanian economy and inform monetary and fiscal policies.
Key Facts
- The base year for the Price Level of Capital Formation for Romania is 2010.
- Romania's Price Level of Capital Formation has seen an average annual increase of 3.2% over the past decade.
- The index reached its highest level on record in 2022.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Capital Formation for Romania measures the general price level of capital goods and services, such as machinery, equipment, and construction, purchased by businesses and investors in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into investment dynamics and inflationary pressures in the Romanian economy, which are crucial for economic policymakers, investors, and analysts.
Q: How is this data collected or calculated?
A: The data is collected by Romania's National Institute of Statistics through surveys of businesses and service providers.
Q: How is this trend used in economic policy?
A: The Price Level of Capital Formation for Romania is closely monitored by the National Bank of Romania and other policymakers to assess the state of the Romanian economy and inform monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, with no significant update delays. However, the index may be subject to revisions based on new information or methodological changes.
Related Trends
Price Level of Household Consumption for El Salvador
PLCCPPSVA670NRUG
Price Level of Household Consumption for Italy
PLCCPPITA670NRUG
Price Level of Imports for Turkmenistan
PLMCPPTMA670NRUG
Price Level of Imports for Bahrain
PLMCPPBHA670NRUG
Price Level of Household Consumption for Bosnia and Herzegovina
PLCCPPBAA670NRUG
Price Level of Exports for Israel
PLXCPPILA670NRUG
Citation
U.S. Federal Reserve, Price Level of Capital Formation for Romania (PLICPPROA670NRUG), retrieved from FRED.