It does not factor taxes and subsidies. A new indicator called GDP deflator is derived by dividing nominal GDP by real GDP. It is a measure of price changes in the economy. Also See: Gross National ...
Despite this, however, it grapples with a relatively low per capita share. India’s sizeable overall GDP is diluted by its large population. Even in terms of GDP per capita based on purchasing power ...
However, nearly all other important inflation indicators such as WPI, core-WPI, core-CPI and GDP deflators stayed discernably soft (averaged between 1% and 3.5%) during 2024-25. Thus, headline CPI ...