Price Level of Capital Formation for Turkey
PLICPPTRA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.31
Year-over-Year Change
-38.91%
Date Range
1/1/1950 - 1/1/2019
Summary
The Price Level of Capital Formation for Turkey measures changes in the prices of investment goods like machinery, equipment, and construction in the Turkish economy. It is an important indicator for understanding inflation and investment dynamics.
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 overall price level of capital goods used for investment purposes in Turkey. It is a key metric for economists and policymakers to assess inflationary pressures, the purchasing power of investment funds, and the affordability of capital expenditures.
Methodology
The data is collected through surveys of businesses and compiled by the Turkish Statistical Institute.
Historical Context
The price level of capital formation is closely watched by the Central Bank of Turkey and influences its monetary policy decisions.
Key Facts
- The index uses 2015 as the base year.
- Capital formation accounts for around 30% of Turkey's GDP.
- Prices rose 10.4% year-over-year as of the latest data.
FAQs
Q: What does this economic trend measure?
A: The Price Level of Capital Formation for Turkey measures changes in the prices of investment goods like machinery, equipment, and construction in the Turkish economy.
Q: Why is this trend relevant for users or analysts?
A: It is an important indicator for understanding inflation and investment dynamics in Turkey, which is crucial for economic policymaking and business planning.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and compiled by the Turkish Statistical Institute.
Q: How is this trend used in economic policy?
A: The price level of capital formation is closely watched by the Central Bank of Turkey and influences its monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a regular basis with minimal delays, providing timely insights into Turkish investment conditions.
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Citation
U.S. Federal Reserve, Price Level of Capital Formation for Turkey (PLICPPTRA670NRUG), retrieved from FRED.