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18

Apr 2023
Retail Sales and Inflation: Consumer spending and economic growth

What Are Retail Sales?  Retail sales refer to the total amount of merchandise or goods sold to customers by a retailer. This can include a wide range of items, such as clothing, electronics, furniture, and more. Retail sales are an …

18

Apr 2023
Rate Of Inflation: causes, effects, and how to manage it

Understanding the Basics of Rate of Inflation  Rate of inflation refers to the percentage change in the general price level of goods and services in an economy over a specific period, usually a year. It is a key economic indicator …

18

Apr 2023
Purchasing Managers Index: Why is PMI important for the economy

What is the Purchasing Managers’ Index (PMI)  The Purchasing Managers’ Index (PMI) is an economic indicator that measures the health of a country’s manufacturing sector. It is based on a survey of purchasing managers in the manufacturing industry and provides …

18

Apr 2023
Industrial Production Index (IPI): How to calculate the IPI 

What Is the Industrial Production Index (IPI)?  The Industrial Production Index (IPI) is an economic indicator that measures the production output of the industrial sector of a country. It includes the manufacturing, mining, and electric and gas utilities sectors. The …
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