Economic indicators provide information about economic performance and allow analysis of business cycles. Some key economic indicators mentioned in the document include GDP, fiscal deficit, Sensex stock index, CPI inflation index, HDI human development index, and balance of payments. GDP measures total economic output, fiscal deficit is the gap between government spending and revenues, Sensex tracks the Bombay stock exchange, CPI measures inflation, HDI assesses health, education and income, and balance of payments tracks international monetary transactions.

2. An economic indicator is a statistic about an economic
activity.
Economic indicators allow analysis of economic
performance and predictions of future performance.
One application of economic indicators is the study
of business cycles.
Economic indicators include various indices, earnings
reports, and economic summaries.
What Are Economic Indicators ?

3. Leading
Indicators
Coincident
Indicators
Lagging
Indicators
Types Of Economic Indicator
Those Indicators due to
operation of which, changes in
Business cycle happen
Eg- CPI
Those Indicators wherein the
changes in the indicators
simultaneously bring changes in
business cycle
Eg- GDP
Those Indicators wherein there is
a time lag between indicators
changes & Business cycle change.
Eg- HDI

4. List of Economic Indicators
GDP
Fiscal Deficit
Sensex
CPI
HDI
Balance of Payment

5. 1) GDP - Gross Domestic Product
GDP is the value of the output of goods and services produced within a country
(irrespective of whether or not the business is foreign owned). When the media
speak of the term “economic growth” for a country (usually in per cent) they are
usually referring to GDP growth.
The Gross Domestic Product (GDP) in India expanded 7.50 percent in the first
quarter of 2015 over the same quarter of the previous year. GDP Annual Growth
Rate in India averaged 6 percent from 1951 until 2015, reaching an all time high
of 11.40 percent in the first quarter of 2010 and a record low of -5.20 percent in
the fourth quarter of 1979. GDP Annual Growth Rate in India is reported by the
Ministry of Statistics and Programme Implementation (MOSPI)

7. 2)Fiscal Deficit
The difference between total revenue and total expenditure of the
government is termed as fiscal deficit. It is an indication of the total
borrowings needed by the government. While calculating the total
revenue, borrowings are not included.
The fiscal deficit in the first three months of current fiscal stood at Rs
2.86 lakh crore or 51.6 per cent of Budget estimates for 2015-16.
The fiscal situation during April-June 2015-16 showed some improvement
over the corresponding period of last year as the deficit then was 56.1 per
cent of the Budget estimates.

8.  Sensex is an index of the stocks in BSE (Bombay Stock Exchange).
 Sensex has a list of 30 of the largest and most actively-traded stocks on the
BSE
 BSE decides the stocks that are to be listed on Sensex
 The Sensex is the oldest stock index in India
3) Sensex

9. 4) CPI
A measure of changes in the purchasing-power of a currency and the rate
of inflation.
The consumer price index expresses the current prices of a basket of goods
and services in terms of the prices during the same period in a previous
year, to show effect of inflation on purchasing power.
It is one of the best known lagging indicators.

10. Consumer Price Index CPI in India increased to 123.70 Index Points
in July from 123 Index Points in June of 2015. Consumer Price Index
CPI in India averaged 106.38 Index Points from 2011 until 2015,
reaching an all time high of 123.70 Index Points in July of 2015 and a
record low of 86.81 Index Points in February of 2011. Consumer Price
Index CPI in India is reported by the Ministry of Statistics and
Programme Implementation (MOSPI), India.

11. 5)HDI
• The Human Development Index is a composite statistics used to
rank countries by levels of human development.
• The HDI is a measure of health, education and income.
• It measures the average achievements in a country in these three
basic dimensions of human development, calculated into an index

12. 6)Balance of Payment
The balance of payments (BOP) is the method countries use to
monitor all international monetary transactions at a specific
period of time. Usually, the BOP is calculated every quarter and
every calendar year.
Current account balance (BoP - US dollar) in India
Current account balance (BoP; US dollar) in India was last measured at -
49225968929.05 in 2013, according to the World Bank. Current account balance is
the sum of net exports of goods, services, net income, and net current transfers.