Capital Goods Price Index - CGPI

AAA

DEFINITION of 'Capital Goods Price Index - CGPI'

An economic index computed by the New Zealand government that measures the change in fixed capital-asset prices in the New Zealand economy from one period to another. The index helps indicate the change in costs for capital assets, which are used by companies and the New Zealand government to produce other goods. The CGPI is produced every quarter.

INVESTOPEDIA EXPLAINS 'Capital Goods Price Index - CGPI'

The index monitors changes in six types of physical capital assets: residential and nonresidential buildings, transportation equipment, land-improvement costs, plant machinery and other types of construction.

RELATED TERMS
  1. Capital Asset

    A type of asset that is not easily sold in the regular course ...
  2. Capital Budgeting

    The process in which a business determines whether projects such ...
  3. Capital Expenditure - CAPEX

    Funds used by a company to acquire or upgrade physical assets ...
  4. Capital Goods

    1. Any tangible assets that an organization uses to produce goods ...
  5. NZD

    In the currency market, this is the abbreviation for the New ...
  6. Lion economies

    A nickname given to Africa's growing economies.
Related Articles
  1. Explaining The World Through Macroeconomic ...
    Options & Futures

    Explaining The World Through Macroeconomic ...

  2. Economic Indicators To Know
    Retirement

    Economic Indicators To Know

  3. The Uptick Rule Debate
    Active Trading Fundamentals

    The Uptick Rule Debate

  4. A Clear Look At EBITDA
    Markets

    A Clear Look At EBITDA

comments powered by Disqus
Hot Definitions
  1. Takeover

    A corporate action where an acquiring company makes a bid for an acquiree. If the target company is publicly traded, the ...
  2. Harvest Strategy

    A strategy in which investment in a particular line of business is reduced or eliminated because the revenue brought in by ...
  3. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  4. Pareto Principle

    A principle, named after economist Vilfredo Pareto, that specifies an unequal relationship between inputs and outputs. The ...
  5. Pareto Principle

    A principle, named after economist Vilfredo Pareto, that specifies an unequal relationship between inputs and outputs. The ...
  6. Budget Deficit

    A status of financial health in which expenditures exceed revenue. The term "budget deficit" is most commonly used to refer ...
Trading Center