What are macroeconomic indicators?

sciencesolve | Student

The following macroeconomic indicators show the present status of the economy with respect to industry area, trade area, gross domestic product (GDP), consumer price index, interest rates announcement, employment indicators, balance of payments, government fiscal and monetary policy.

Gross domestic product (GDP) is an indicator that shows the total market value of all products and services produced in a country during one year.

The Consumer Price Index measures the inflation level, while employment indicators measure the economy's health.

The movement of the prices of currencies in the foreign exchange market is produced by the interest rates, while the balance of payments is given by the ratio between the amount of payments received from abroad and the amount of payments that go abroad.

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