Gross Domestic Product measures the quantum of economic activities in a country, in monetary terms, over some time, usually ...
China's consumer inflation accelerated to its fastest in five months in January while producer price deflation persisted, ...
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 ...
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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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The median forecast of a Bloomberg poll of 15 analysts estimated the GDP deflator, a broad metric of price changes in an economy, would hit 0.2 percent this year. The GDP deflator, which measures ...
China's GDP grew 5 percent year-on-year to 134.9 trillion yuan ($18.41 trillion) in 2024, breaking the 130-trillion-yuan mark for the first time, according to data released by the National Bureau ...
Analysts polled by Reuters had expected China's full-year GDP growth to come in at 4.9%, just shy of the official target of around 5% — which analysts had said was ambitious. Helen Qiao ...