Economic indicators are critical tools for analyzing and understanding the health of an economy. They provide insights into various aspects such as growth, inflation, employment, and consumer spending. Here are some key economic indicators:
- Gross Domestic Product (GDP): Measures the total value of all goods and services produced within a country over a specific period.
- Inflation Rate: The rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.
- Unemployment Rate: The percentage of the labor force that is unemployed and actively seeking employment.
- Consumer Price Index (CPI): Measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.
GDP Growth
For more detailed information on economic indicators, visit our Economic Data Analysis section.