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Trade Balance

Also referred to as commercial balance or net exports, is the difference between the monetary value of a nation's exports and imports over a certain time period.


Imports are foreign goods and services bought by citizens, businesses, and the government of another country.


An export in international trade is a good or service produced in one country that is sold into another country.

Wholesale Inflation

It measures the changes in the wholesale price of basket of 697 goods. The quantum of rise in the WPI month-after-month is used to measure the level of wholesale inflation in the economy.

Index Of Infrastructure Output

A combined index that measures the production performance of Eight Core Industries: refinery, electricity, steel, coal, crude oil, natural gas, cement and fertilizers.

Index of Industrial Production (IIP)

The all India IIP is a composite indicator that measures the short-term changes in the volume of production of a basket of industrial products during a given period with respect to that in a chosen base period.

Retail Inflation

It is a general rise in consumer price levels where a unit of currency effectively buys lesser goods and services. More commonly, people refer to inflation as "the rising cost of living".

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