Discover why GDP is crucial for measuring economic health and growth. Learn how it guides policymakers, investors, and ...

India will shift GDP base year to FY23 and adopt price deflators and double deflation to improve accuracy, reflect structural shifts, and align national accounts with global standards ...

The new series of data not only revises the base year for calculation purposes to 2022-23, it also incorporates several vital changes with an aim to give a more accurate measurement of the size of the ...

Discover why real GDP offers a more accurate picture of economic growth by adjusting for inflation and when nominal GDP might be more useful for short-term analysis.

As a new Gross Domestic Product (GDP) data series is set to be released soon, let us understand the base effect and the ...

India’s new GDP series ditches broad-based deflators for granular, sector-specific price indices ahead of February 27 release ...

India's new GDP series, adopting double deflation and 600 price indicators, enhances accuracy in economic growth estimates.

India rebases GDP to 2022–23 with methodological upgrades including double deflation and improved informal sector data.

For many years now, the GDP has been severely criticized as not adequately measuring economic progress and the quality of life. The truth, however, is that the GDP was not designed to measure human ...

Seriously. How are you feeling about your economic situation? Because the unemployment rate is still near generational lows, inflation is down to 3.2%, and gross domestic product, or GDP, grew at a ...