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 ...

“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 ...

Luxembourg, with its high GDP per capita and strong financial sector, is the richest country in the world. The nation is known for using its wealth to ensure better living standards, healthcare ...

Investing.com - The US dollar slipped slightly lower Thursday, handing back some of the previous session’s gains after a slightly hawkish US Federal Reserve meeting, with the European Central ...

Stock Market Today: S&P 500 closes lower as tech rebound runs out of steam By Investing.com - Jul 25, 2024 46 Investing.com-- The S&P500 closed lower Thursday, giving up gains as Alphabet-led ...

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 ...

“Seasonal falls for salad veggies like tomatoes, cucumbers, and capsicums contributed to the quarterly fall in vegetable prices,” prices and deflators spokesperson Nicola Growden sai ...

The National Bureau of Statistics said some sectors of Nigeria's economy have experienced significant growth since the last GDP rebasing in 2014 and now require proper representation. The marine ...

China’s economy grew 5% in 2024, driven by stimulus measures, strong exports, and high-tech investment, despite challenges like weak domestic demand and demographic pressures. Structural reforms and ...

According to data released by the National Bureau of Statistics on the same day, China's gross domestic product (GDP) in 2024 will reach 134.9 trillion yuan, an increase of 5.0% over the previous ...

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