Capital Goods Price Index

A measure of inflation in New Zealand that considers what companies spend on capital assets, which are assets used to produce other assets. It is calculated by considering changes to prices in a basket of capital assets each quarter. Assets included in the index are: buildings (both residential and non-residential), land improvement costs, plant construction and machinery, and transportation equipment.

References in periodicals archive

We use the capital goods price index for non-residential investment to adjust market non-residential consents to remove the effect of price changes as far as possible (figure 9), overleaf.

The Reserve Bank's process for forecasting business investment

The capital goods price index, which includes machinery and transportation equipment not included in the automotive index, increased 0.7 percent, rebounding from a 3-year decline.

U.S. import and export prices in 2004: import and export prices increased at an accelerated rate in 2004, as each continued the upward trend that began in 2002; the increases for both indexes were driven by industrial supplies and materials, which trended upward because of higher fuel and raw material prices

capital goods price indexes for FDIUS and a weighted average of country-by-industry price indexes for USDIA.

Valuation of the U.S. net international investment position

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