Inflation plays a crucial role in GDP measurement by influencing consumer spending, production costs, and overall economic ...

Today, the United Nations Human Rights Council held a session exploring reforms of global economic rules to better align with human rights. Specifically, experts discussed developing indicators to ...

Real gross domestic product (GDP) is an inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a given year. Real GDP is expressed in base-year prices.

Does GDP growth mean ‘more money in your pocket’? Reeves plan explained - Chancellor says growth will drive up living ...

Nominal GDP: This measures GDP at current market prices, without adjusting for inflation. It can sometimes exaggerate growth because it includes rising prices. For example, if grocery prices increase, ...

The writer has served as Chief Economic Adviser to GoI and is Professor at the Indian School of Business Doubts are often raised by some economists over the veracity of India’s GDP estimates.

Ministry of Statistics and Programme Implementation will form a technical committee to evaluate the proposal and provide ...

While the headline figure will be greeted with some relief in Downing St, the ONS data shows there is little to celebrate, with a measure for growth by head of population showing a second quarter of ...

For years, Kenya’s economic policymakers—the National Treasury, Parliament, and the Kenya National Bureau of Statistics (KNBS)—have clung to outdated metrics … Continued ...