There are a number of economic indicators that show how healthy a country's economy is. Labor reports can indicate the growth or contraction of payrolls, the unemployment rate and the wage rate. If the unemployment rate of a country falls its wage rate will increase. This will in turn increase the prices of goods or services (inflation).
Source: http://www.investorguide.com/igu-article-1151-forex-basics-economic-factors-influencing-currency-trading.html
Tags: economic indicators, inflation
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