Producer Prices Index: Type of Goods: Investments Goods: Total for Slovak Republic
SVKPITGVG01GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.41
Year-over-Year Change
331.15%
Date Range
2/1/2003 - 12/1/2022
Summary
The Producer Prices Index for Investment Goods measures changes in wholesale prices for capital equipment and other investments in the Slovak Republic. This indicator provides insight into broader producer price trends and producer inflation in the country.
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 Producer Prices Index for Investment Goods tracks the wholesale prices of goods used for capital investment, such as machinery, equipment, and construction materials. This metric is widely used by economists and policymakers to assess inflationary pressures and production costs within the Slovak economy.
Methodology
The data is collected through surveys of producers and compiled by the Statistical Office of the Slovak Republic.
Historical Context
Trends in this index are closely monitored by the National Bank of Slovakia and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- Baseline year is 2015 = 100.
- Covers a range of capital goods and construction materials.
- Helps measure production cost pressures in the Slovak economy.
FAQs
Q: What does this economic trend measure?
A: The Producer Prices Index for Investment Goods tracks wholesale prices for capital equipment, machinery, and other goods used for investment purposes in the Slovak Republic.
Q: Why is this trend relevant for users or analysts?
A: This index provides insight into inflationary pressures and production costs within the Slovak economy, which is important for economic policymaking and business planning.
Q: How is this data collected or calculated?
A: The data is collected through surveys of producers and compiled by the Statistical Office of the Slovak Republic.
Q: How is this trend used in economic policy?
A: Trends in this index are closely monitored by the National Bank of Slovakia and other institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with potential delays of 1-2 months. The index may not capture all capital goods price movements.
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Citation
U.S. Federal Reserve, Producer Prices Index: Type of Goods: Investments Goods: Total for Slovak Republic (SVKPITGVG01GPM), retrieved from FRED.