Economic Indicators That Affect your Financial Plan
Economic indicator is a statistical data showing general trends in the economy. Most of us don’t know that these economic indicators affect our financial plan. Some economic indicators and their effect are being discussed hereunder:
1. Gross Domestic Product: The Indian economy is crawling with a growth rate under 5%. The Indian economy is expected to continue to be sluggish. Slower growth dents job prospects, forcing many to rein-in their aspirations and reset the timeline of their financial goals.
2. Inflation: Inflation is the rate of growth in prices. Price rise has been one of the chief causes of governments being voted […] Read more