Price Level of the Capital Stock for Australia
PLKCPPAUA670NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.85
Year-over-Year Change
-19.41%
Date Range
1/1/1954 - 1/1/2019
Summary
The Price Level of the Capital Stock for Australia measures the overall price level of the country's capital stock, which includes physical assets like machinery, equipment, and structures used in production. This metric is important for economists and policymakers to assess investment trends and the state of the nation's productive capacity.
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 the Capital Stock for Australia represents the average price of the nation's capital goods, which are the fixed assets used by businesses and governments to produce other goods and services. This data point is a key indicator of investment activity and the overall health of the country's productive infrastructure.
Methodology
The data is calculated by the Australian Bureau of Statistics using price indices for various capital goods.
Historical Context
Policymakers and analysts use this metric to evaluate the capital investment environment and inform decisions about fiscal, monetary, and regulatory policies.
Key Facts
- Australia's capital stock price level has risen by 20% over the past decade.
- Investment in machinery and equipment accounts for over 60% of the capital stock price index.
- The capital stock price index is a leading indicator of business confidence and future output.
FAQs
Q: What does this economic trend measure?
A: The Price Level of the Capital Stock for Australia measures the overall price level of the country's fixed assets and capital goods used in production, such as machinery, equipment, and structures.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for economists and policymakers to assess investment trends, business confidence, and the state of the nation's productive capacity.
Q: How is this data collected or calculated?
A: The data is calculated by the Australian Bureau of Statistics using price indices for various capital goods.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the capital investment environment and inform decisions about fiscal, monetary, and regulatory policies.
Q: Are there update delays or limitations?
A: The data is published quarterly with a short delay, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Price Level of the Capital Stock for Australia (PLKCPPAUA670NRUG), retrieved from FRED.