The observed dynamics of overall as well as different components of inflation imply that the ongoing 'Tear Gas Monday' unrest are taking a toll on the economy. Lead variables are those that forecast the likely impacts whereas the lagged variables reveal the impacts only after they have been felt. No matter who says what, both lead and lagged economic variables are showing deep scars in the economy created by the ongoing unrest. One of the most renowned lead economic variables across the globe is the stock price index. The economic impact of any kind of political or non-political incident can be traced with the help of the lead and lagged economic variables.

Source: Standard Digital June 09, 2016 05:15 UTC