How to say the retail price index is a barometer of economic activity. in Japanese

1)小売小売(kouri) (n,vs) retail物価物価(bukka) (n) prices of commodities/prices/cost-of-living指数指数(shisuu) (n) index/index number/exponent/characteristicは(ha) (int) indicating a subject/yes/indeed/well/ha!/what?/huh?/sigh経済活動経済活動(keizaikatsudou) (n) economic activityの(no) (prt) indicates possessive/nominalizes verbs and adjectives/substitutes for "ga" in subordinate phrases/indicates a confident conclusion/ indicates emotional emphasis/indicates questionバロメーターバロメーター(barometa) (n) barometerですです(desu) (aux) be/is/are。(。) Japanese period "."    
kouri bukka shisuu ha keizaikatsudou no barometa desu 。
Grammer form丁寧語 (Polite form)Polite form (teineigo)
convays a sense of politeness, used when speaking to strangers, people older than you, higher social status ect.
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