Percentage point
The unit for the gap between two percentages. A rate moving from 4 percent to 5 percent has risen by one percentage point, which is a rise of 25 percent. Mixing the two up is one of the most common errors in financial reporting.
The unit for the gap between two percentages. A rate moving from 4 percent to 5 percent has risen by one percentage point, which is a rise of 25 percent. Mixing the two up is one of the most common errors in financial reporting.