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There are certain unintended consequences of high inflation — not what is denoted by the CPI or WPI but the GDP deflator. A higher nominal GDP brought about by inflation also perversely ...
Amid several factors – both structural and transient – that have contributed to an above 8% real GDP growth in the first three quarters of FY24, one of them was a low GDP deflator.
China's economy faces a historic setback despite meeting its GDP growth target for 2024, with deflationary pressures persisting.
China's June consumer price index inflation returned to positive territory for the first time since January, rising to 0.1% ...
GDP Price Deflator = (Nominal GDP ÷ Real GDP) × 100 This will give you the rate of inflation in terms of GDP, which takes far more data into account that the CPI-based alternative.
Food inflation in June was more than twice as high as the official forecasts. It's no wonder that the Belarusian authorities ...
Recent criticism of the GDP deflator used for India’s output data was too unconvincing to make us revise our methodology ...
However, within single deflator, where value added is deflated, it uses Wholesale Price Index and Consumer Price Index. WPI is usually used in production sectors and CPI is used in services sectors.
Most likely. That’s because the GDP deflator roughly reflects 70% of the Wholesale Price Index and 30% of the Consumer Price Index. The former measure of inflation was sharply higher during Q1.
The immediate focus is on today's PCE deflator, which we suggest below may not have lasting impact as the signal has already been given from the CPI and PPI, and there will be another batch of ...
How low deflator boosts real GDP growth in FY24 The NSO has projected the real GDP growth at 7.6%, and nominal GDP growth at 9.1%, for FY24, and the deflator is around 1.5% y-o-y.
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 ...