As price pressures gradually ease, the U.S. economy will likely expand 2.3% this year and 1.8% next year, according to the ...

A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country. Missions are undertaken as part of ...

Gross Domestic Product measures the quantum of economic activities in a country, in monetary terms, over some time, usually ...

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 ...

RBI is reportedly using machine learning tools to enhance its inflation forecasting, the bedrock of monetary policy decisions ...

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

The government’s estimate for growth was marginally lower than an MC poll of economists conducted a fortnight before the Budget, which had pegged the median at 10.4 percent ...

The GDP deflator is an important measure used to convert nominal GDP (which includes inflation) into real GDP (which is adjusted for inflation). It reflects the overall price level changes in the ...

China has been battling deflation — its so-called GDP deflator has indicated falling prices since mid-2023. Relative sizes of economies can be measured in various ways. When adjusted for inflation, ...