- Home
- Definitions and methods
- Definitions
- Short-term economic indicator
Short-term economic indicator
Definition
An instrument used to measure an economic activity (or set of activities) and to provide periodic tracking of economic trends, generally at frequencies of more than once a year, such as actual GNP, industrial output, price levels, unemployment rate, household confidence index, etc.
Statistics allowing to follow an economic evolution according a short term, generally infra-annual periodicity. There are cyclical indicators allowing to follow the evolution:
- economic activity, such the monthly industrial production index (IPI) and the quarterly GDP in volume;
- evolution of prices, such the consumer price index (GPI), the producer price indices;
- employment and the unemployment;
- opinion of actors, such household confidence index.
