Capital Goods Price Index


Also found in: Acronyms.

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