Description
China's Fixed Asset Investment Price Index is released by the National Bureau of Statistics (NBS) of China. This indicator reflects the cumulative change in fixed asset investment prices within the year. Through it, you can observe the price of construction and installation projects, material costs, labor costs, equipment purchase costs, and other costs. It is an important indicator for evaluating the overall investment climate and economic health. Higher index values indicate rising prices and may indicate economic growth or inflationary pressures, while lower index values may indicate slower investment activity or a deflationary trend.
Note: Investment in fixed assets = Completed investment in construction and installation projects + Completed investment in equipment and tools purchase + Completed investment in other expenses