Discover why real GDP offers a more accurate picture of economic growth by adjusting for inflation and when nominal GDP might be more useful for short-term analysis.
Discover how the Consumer Price Index compares with the Producer Price Index and GDP deflator in measuring inflation, ensuring your financial decisions are well-informed.
Gross Domestic Product (GDP) measures the quantum of economic activities in a country, in monetary terms, over a period of time usually one year. Real GDP eliminates the impact of inflation by ...
India’s new GDP series ditches broad-based deflators for granular, sector-specific price indices ahead of February 27 release ...
The latest GDP series will also see major changes, the most crucial of which will be how nominal GDP is adjusted for price changes to arrive at real GDP. According to economists, India’s real GDP ...