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ITERAQ

15 · Understand economic and country data · ITERAQ

In this guide

15 · Understand economic and country data

Separate the effects of growth, inflation, interest and public data on the business.

Put it into practice

  1. Check the source, year and definition of each indicator
  2. Compare like-for-like measures
  3. Translate changes into a business scenario

Further reading: World Bank · World Development Indicators ↗

Read a number in context

Compare two official inflation observations only after recording their country, period, annual or monthly basis and publication date. A lower inflation rate does not necessarily mean prices have fallen.

Your worksheet

Indicator; unit; period; source; publication date; revision status; possible business exposure.

Check your work

Explain what the statistic measures, what it does not measure, and which decision it could inform.

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