The real economic growth rate is expressed as a percentage that shows the rate of change in a country's ... This calculation is done by factoring in a GDP deflator. A GDP deflator is the quotient ...
Real GDP makes comparing GDP more meaningful because it shows comparisons for both the quantity and value of goods and services. Real GDP is calculated by dividing nominal GDP by a GDP deflator.
The gross domestic product (GDP) deflator fell 1.5% in the fourth quarter, according to Bloomberg calculations based on official data released yesterday. That marked the third straight quarter of ...
“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 ...