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Economic data

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koos2
Super Contributor
What is the difference between forcast and consensus? and why the divergence? Thanks!
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8 REPLIES 8
Preston
Super Contributor
Mummy and daddy reaches consensus that tonight daddy is going to get lucky but in the back of mommy mind she forecast that this will be a 3 min activity. Divergence is forecasted time vs actual time vs dads ego's.
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Preston
Super Contributor
That is a funny way of thinking about it.
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SimonPB
Valued Contributor
forcast is an individual .. consensus is the average of all
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koos2
Super Contributor
In whatunit of measurement is it?
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koos2
Super Contributor
Sorry, in what unit of measurement is the sa data, like the GDP (QoQ)?
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koos2
Super Contributor
Cause if it is in rand then this (QoQ) sucks.
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SimonPB
Valued Contributor
gdp measured in %
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koos2
Super Contributor
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