26 Jan Economic Statistics Indicators

Progress Indicator Report 2017-2022: Download full report

Leading Macro Economic Indicators 2021: Download full report

Leading Macro Economic Indicators 2020: Download full report

Highlights of Statistics Production by Central Statistics Department in 2021: Download full document

Economic statistics indicators are vital tools for understanding and analyzing the performance of an economy. They provide insights into various aspects of economic activity and help policymakers, businesses, and individuals make informed decisions. Here are some key economic statistics indicators:

Gross Domestic Product (GDP)

• Definition: Measures the total value of all goods and services produced within a country over a specific period.
• Importance: Indicates the overall economic health and growth of a country.

Unemployment Rate

• Definition: The percentage of the labor force that is unemployed and actively seeking employment.
• Importance: Reflects the labor market conditions and economic stability.

Inflation Rate

• Definition: The rate at which the general level of prices for goods and services rises, eroding purchasing power.
• Importance: Essential for understanding cost-of-living changes and guiding monetary policy.

Consumer Price Index (CPI)

• Definition: Measures changes in the price level of a basket of consumer goods and services.
• Importance: Used to assess price changes associated with the cost of living.

Producer Price Index (PPI)

• Definition: Measures changes in the selling prices received by domestic producers for their output.
• Importance: Indicates inflation at the wholesale level.

Retail Sales

• Definition: Measures the total receipts of retail stores.
• Importance: An indicator of consumer spending and economic activity.

Industrial Production

• Definition: Measures the output of the industrial sector, including manufacturing, mining, and utilities.
• Importance: Reflects the strength of the industrial economy.

Balance of Trade

• Definition: The difference between a country's exports and imports.
• Importance: Indicates the economic relationship with other countries and impacts currency value.

Interest Rates

• Definition: The cost of borrowing money, typically set by the central bank.
• Importance: Influences economic activity by affecting consumer and business spending.

Housing Starts

• Definition: The number of new residential construction projects begun during a specific period.
• Importance: A leading indicator of economic activity and consumer confidence.

Personal Income and Outlays

• Definition: Measures the income received by individuals and the expenditures they make.
• Importance: Indicates consumer financial health and spending capacity.

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