The revised base for calculation of inflation will be 2024, and IIP will be 2022-23. It may be noted that the first advance ...

India to use double deflation in new GDP series, addressing IMF concerns and boosting data credibility to align with global standards.

India’s growth outlook has already improved after the economy recorded a higher-than-expected 8.2 per cent growth in in the ...

Statistics ministry weighs global move under SNA 2025 that could reset growth benchmarks and Viksit Bharat timelines ...

With the government’s focus on data-driven decision-making, getting timely statistics has become crucial, and the Ministry of Statistics and Programme Implementation (MOSPI) is working on several ...

India's upcoming GDP series, set for early next year, will feature enhanced data on the burgeoning digital economy and unincorporated enterprises. Improvements in data collection, boosted by GST and ...

Note from dshort: With today's release of the Q1 GDP Second Estimate, I've spent some time updating my ongoing analysis of the government's calculation of the Real GDP. How do you get from Nominal GDP ...

India’s growth outlook has already improved after the economy recorded a higher-than-expected 8.2 per cent growth in in the ...

How do you get from Nominal GDP to Real GDP? You subtract inflation. The Bureau of Economic Analysis (BEA) uses its own GDP Deflator for this purpose, which is somewhat different from the BEA's ...

How do you get from Nominal GDP to Real GDP? The Bureau of Economic Analysis (BEA) uses its own GDP Deflator for this purpose. In a recent commentary Rick Davis, the founder of Consumer Metrics ...