
Germany: Machinery and equipment prices
* indicates monthly or quarterly data series
Germany |
Machinery and equipment prices, world average = 100 |
---|---|
Latest value | 87.62 |
Reference | 2017 |
Measure | index points |
Source | World Bank International Comparison Program |
The index measures the cost of machinery and equipment in Germany and other countries.
It's purpose is to allow price comparison between countries.
The data are from the World Bank International Comparison Program which updates the machinery and equipment and other price information every seven years.
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The value of that indicator for 2017 is 87.62 index points.
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* indicates monthly or quarterly data series
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Definition: The index measures the general price level for machinery and equipment by country with a world average set at 100.