MacArthur Highway, Angeles City
Health Economics
Inflation Rate as a Health Economic Indicator
Garcia, Juana Sophiya Ariza
Lacap, Jonnabelle
Lacsamana, Christoper Jel
Lagman, Benjamin
Lalu, Lyka
Mancenon, Lisel
Mandap, Paula Bianca
Mande, Chanell abong, Ergs
BSMT2-E
Mrs. Nicole Rivera
Inflation Rate as a Health Economic Indicator
Definition of Health Economic Indicator
A health economic indicator is a statistics about the production, distribution, and consumption of goods and services for health care. In include various indices, earnings reports, and economic summaries and it allows analysis of economic performance and of future performance.
As a key statistics of the economy, an indicator reveals the direction the economy is heading in; for example, the unemployment rate and the inflation rate. It is a piece of economic data, usually of macroeconomic scale, that is used by investors to interpret current or future investment possibilities and judge the overall health of an economy. Economic indicators can potentially be anything the investor chooses, but specific pieces of data released by government and non-profit organizations have become widely followed. These include: * The Consumer Price Index (CPI) * Gross Domestic Product (GDP) * Unemployment figures * The price of crude oil
An economic indicator is only useful if one interprets it correctly. History has shown strong correlations between economic growth (as measured by GDP) and corporate profit growth. However, determining whether a specific company will grow its earnings based on one indicator is nearly impossible. Indicators give us signs along the road, but the best investors will utilize many economic indicators, looking for patterns and verifications within different sets of data. Most economic indicators have a specific schedule for release, allowing investors to prepare for and plan on seeing