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The Punch on MSNMuch ado about GDP calculationGross Domestic Product measures the quantum of economic activities in a country, in monetary terms, over some time, usually one year. Real GDP eliminates the impact of inflation by applying a deflator ...
China's consumer inflation accelerated to its fastest in five months in January while producer price deflation persisted, ...
Inflation is the rate of change of price. And while economists and experts will hold forth on it eloquently in terms of CPIs and PCEPIs and GDP deflators, the common man understands it less as a ...
“Average deflator should be around 3.6-3.7 percent and real GDP growth should be around 6.5 percent,” said Upasna Bhardwaj, chief economist, Kotak Mahindra Bank. The government’s estimate ...
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 ...
The National Bureau of Statistics said some sectors of Nigeria's economy have experienced significant growth since the last GDP rebasing in 2014 and now require proper representation. The marine ...
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 ...
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 ...
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