Economics · Economic Indicators
In the context of Business Cycles, 'Leading Indicators' are used to predict future economic transitions. Which of the following is typically considered a leading indicator rather than a lagging or coincident one?
- 1Consumer Price Index (CPI) inflation for the current month
- 2New Stock Market Orders and Index of Industrial Production (IIP) growth trends✓
- 3Unemployment rates recorded for the last quarter
- 4GDP growth rate for the previous fiscal year
Correct answer
New Stock Market Orders and Index of Industrial Production (IIP) growth trends
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