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 by real GDP divided by 100, so this method is only ...

The U.S. tightened its grip on the title of world’s biggest economy in 2024 as an irrepressible American consumer helped it ...

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.

The GDP deflator, which measures the change in price ... China's former No. 2 Li Keqiang—have cast doubt on China's official growth figures, a sensitive topic for Xi Jinping and one that has ...

There have been years, where the GDP deflator has been less than 2% or 3%. Real economic growth at the moment is 6.5-7%, but through various reform measures, we add to that potential. That does ...

“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 ...

Referring to the nominal GDP growth projection of 10.1 percent for FY26, Seth said that the finance ministry has assumed a ...

Combined household and state consumption accounted for 68.8% of Russian GDP in 2024, up from 68.4% in 2023, Rosstat said. Household consumption accounted for 49.7% of GDP in 2024, up from 47.6% a year ...

After the Economic Survey projected India's real GDP growth for FY26 in the range of 6.3-6.8 per cent, a report by Bank of Baroda stated that with an assumed GDP deflator of 3.5 per cent, the ...

India's real GDP growth for FY26 is projected between 6.3-6.8%, with a nominal GDP growth around 9.8-10.3% due to a 3.5% GDP deflator. The Economic Survey emphasizes sustainable growth through ...