Federal Reserve Economic Data

Relative Price of Investment Goods (PIRIC)

Observation:

Q4 2023: 0.90450 (+ more)   Updated: Sep 27, 2024 2:28 PM CDT
Q4 2023:  0.90450  
Q3 2023:  0.90882  
Q2 2023:  0.91894  
Q1 2023:  0.92878  
Q4 2022:  0.93627  
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Units:

Index 2012=1,
Seasonally Adjusted

Frequency:

Quarterly

NOTES

Source: DiCecio, Riccardo  

Release: Sticky Wages and Sectoral Labor Comovement  

Units:  Index 2012=1, Seasonally Adjusted

Frequency:  Quarterly

Notes:

Relative price of investment goods is calculated as investment deflator (https://fred.stlouisfed.org/series/INVDEF) divided by consumption deflator (https://fred.stlouisfed.org/series/CONSDEF).

For additional details see: R. DiCecio (2009). "Sticky wages and sectoral labor comovement," Journal of Economic Dynamics and Control, 33(3): 538-53. (http://dx.doi.org/10.1016/j.jedc.2008.08.003).

Suggested Citation:

DiCecio, Riccardo, Relative Price of Investment Goods [PIRIC], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PIRIC, .

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