Economic indicators are key to understanding the health of an economy. Here's a brief overview of some of the most important ones:
- GDP (Gross Domestic Product): This is the total value of all goods and services produced within a country over a specific period.
- Inflation Rate: This measures the rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.
- Unemployment Rate: This indicates the percentage of the labor force that is unemployed and actively seeking employment.
For more detailed information and insights, check out our comprehensive guide on Economic Indicators.
GDP Growth
- Consumer Confidence Index: Measures the level of optimism or pessimism that consumers have about the economy.
- Industrial Production: Indicates the level of output of the manufacturing, mining, and utility industries.
- Trade Balance: The difference between the value of a country's exports and imports over a specific period.
Stay updated with the latest economic trends and forecasts by visiting our Economic Trends section.