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Statistical Terms

Gross fixed capital formation

Definition
  • Fixed assets, which are the sources of profits, are used for productive activities for 1 year or longer and classified into tangible and intangible assets.
  • Fixed assets are used for productive activities for 1 year or longer, which are the sources of profits, classified into tangible and intangible assets.
Commentary
  • Act of acquisition of fixed assets by production units
Source KOSTAT (Monthly Estimated Index of Equipment Investment)
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