Nominal economic growth is inclusive of inflation, 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 ...
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 levels by comparing nominal (inflation-adjusted) GDP to real (constant price) GDP, will reach -0.2 percent this year, compared to the average 3 ...
Deflationary pressures are likely to persist in China this year, analysts say, unless policymakers can rekindle sluggish ...
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 ...
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 ...
Korea registered a per capita gross domestic product (GDP) estimate of $36,024 for last year, outstripping Japan and Taiwan, ...