SBP editorial: Economic warning signs must be heeded

It is easy to get lost in the welter of economic statistics that the modern, data-led capitalist economy throws up. From inflation numbers to tax receipts, bond yields to the balance of payments, and on to consumer sentiment, the battery of economic indicators coming at policy makers and politicians can be overwhelming. But, as many economists often like to say, there is only one indicator that really matters; and that is employment.

If ...