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Answer:
A 5% reading could mean an increase of 5% over the previous period during which the indicator was measured. For instance, the PCE report is usually measured every month so 5% forecast would mean a 5% monthly increase. It could also be reported on a year-over-year basis, wherein a 5% consensus means a 5% annual increase. A forecast of 6.3m means 6.3 million in the local currency (unless otherwise mentioned) of the country releasing the report. For example, a 6.3m Australian trade balance consensus means that the trade surplus is estimated to be at 6.3 million AUD for the period.
