Category Archives: Education
Rate Of Inflation: causes, effects, and how to manage it
Written on April 18, 2023 at 9:06 am, by maria
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 that measures the rate at which prices are increasing, and it affects consumers, businesses, andContinue Reading
Purchasing Managers Index: Why is PMI important for the economy
Written on April 18, 2023 at 8:47 am, by maria
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 valuable insight into the state of the economy. The PMI is considered a leading indicator,Continue Reading
Industrial Production Index (IPI): How to calculate the IPI
Written on April 18, 2023 at 8:34 am, by maria
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 IPI provides insight into the health of the economy and is used by policymakers, investors,Continue Reading
