What is/are Economic Macros (GDP/PMI/Inflation)

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Economic macros refer to key economic indicators such as GDP (Gross Domestic Product), PMI (Purchasing Managers' Index), and inflation that provide insights into the overall health of an economy.

GDP (Gross Domestic Product) measures the total value of all goods and services produced within a country's borders in a specific period.
PMI (Purchasing Managers' Index) is a leading indicator of economic health that surveys purchasing managers in various industries to gauge business conditions.
Inflation is the rate at which the general level of prices for goods and services is rising, leading to a decrease in purchasing power.
These economic macros are closely monitored by policymakers, investors, and businesses to make informed decisions and forecasts about the economy.
For example, a high GDP growth rate indicates a strong economy, while high inflation may erode consumer purchasing power.

What is/are Economic Macros (GDP/PMI/Inflation)

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