The GDP price deflator is considered to be a more appropriate inflation measure for measuring economic growth than the consumer price index (CPI) because it isn't based on a fixed basket of goods.
Authorities have avoided acknowledging the economy is in deflation despite the extended contraction in the GDP deflator gauge and a three-month straight decline in the consumer price index.
The GDP deflator, which measures the change in price ... bureau reported a 0.2 percent increase in the consumer price index (CPI) for 2024. The uptick indicates some progress in lifting prices ...
The GDP figure in current prices totaled 171.041 trillion rubles ($1.88 trillion). The GDP deflator index in 2023 against 2022 prices moved up by 6.3%. The national GDP lost 1.2% in 2022.
Korea registered a per capita gross domestic product (GDP) estimate of $36,024 for last year, outstripping Japan and Taiwan, ...
Referring to the nominal GDP growth projection of 10.1 percent for FY26, Seth said that the finance ministry has assumed a ...