
Much to cheer about India’s PMI!
Finshots Daily
GDP as a Lagging Indicator
Gross Domestic Product (GDP) serves as a lagging indicator, reflecting past economic performance rather than current or future trends. While GDP compiles all economic activities into a single figure every quarter, it may not promptly inform about ongoing economic changes. This delay can hinder the quick identification of a slowing economy or a recovery, making GDP a less efficient tool for immediate economic analysis.
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