Federal Reserve Economic Data

Relative Price of Investment Goods (PIRIC)

Q4 2024: 0.87630
Updated: Dec 10, 2025 3:18 PM CST
Next Release Date: Not Available
Q4 2024:  0.87630  
Q3 2024:  0.88054  
Q2 2024:  0.88376  
Q1 2024:  0.89001  
Q4 2023:  0.90007  
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Units:

Index 2017=1,
Seasonally Adjusted

Frequency:

Quarterly

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Notes

Source: DiCecio, Riccardo  

Release: Sticky Wages and Sectoral Labor Comovement  

Units:  Index 2017=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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