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2.1 The measurement of macroeconomic performance

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Question 59

Context C: Estonia's industrial sector

Using the data in Extract C (Figure 2), calculate Estonia's rate of producer price inflation for the year ended 31 December 2025. Give your answer to two decimal places.

Extract C

Figure 1: Annual labor productivity growth rates (%) for Estonia, 2020–2025

YearAnnual labor productivity growth rate (%)
2020-1.5
20213.2
20222.1
20231.8
20240.5
20251.2

Figure 2: Industrial Producer Price Index (IPPI) for Estonia, 2020–2025 (Base Year 2018 = 100)

DateIPPI index
31 Dec 2020104.30
31 Dec 2021109.80
31 Dec 2022118.52
31 Dec 2023127.40
31 Dec 2024141.25
31 Dec 2025152.95
[2]
Markscheme

2.1 The measurement of macroeconomic performance Questions

  1. A Level
  2. /Economics
  3. /2.1 The measurement of macroeconomic performance

187 exam-style questions on AQA A Level Economics 2.1 The measurement of macroeconomic performance, covering 2.1.1 The objectives of government economic policy, 2.1.2 Macroeconomic indicators, 2.1.3 Uses of index numbers, and 2.1.4 Uses of national income data (A-level only). Each one has a worked solution and a mark scheme showing where the marks go.

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