Real GDP is calculated by dividing nominal GDP by a GDP deflator. Unlike real GDP, nominal GDP uses current market prices and doesn't factor inflation into its calculation. Real GDP is a ...
This calculation is done by factoring in a GDP deflator. A GDP deflator is the quotient of nominal GDP divided by real GDP divided by 100, so this method is only useful in determining real GDP if ...
The median forecast of a Bloomberg poll of 15 analysts estimated the GDP deflator, a broad metric of price changes in an economy, would hit 0.2 percent this year. The GDP deflator, which measures ...
“Average deflator should be around 3.6-3.7 percent and real GDP growth should be around 6.5 percent,” said Upasna Bhardwaj, chief economist, Kotak Mahindra Bank. The government’s estimate ...
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