Nominal economic growth is inclusive of inflation, while real economic growth is not. This calculation is done by factoring in a GDP deflator. A GDP deflator is the quotient of nominal GDP divided ...

Yarilet Perez is an experienced multimedia journalist and fact-checker with a Master of Science in Journalism. She has worked in multiple cities covering breaking news, politics, education, and more.

Gross Domestic Product measures the quantum of economic activities in a country, in monetary terms, over some time, usually one year. Real GDP eliminates the impact of inflation by applying a deflator ...

The GDP deflator, which measures the change in price levels by comparing nominal (inflation-adjusted) GDP to real (constant price) GDP, will reach -0.2 percent this year, compared to the average 3 ...

The GDP deflator, which measures the difference between real and nominal GDP and is calculated using wholesale and consumer inflation, was likely 3.3 percent for FY25. India’s consumer inflation ...