My concern is that, although everything is expressed in monetary terms, you are effectively combining values that have been ...
India's new GDP series, adopting double deflation and 600 price indicators, enhances accuracy in economic growth estimates.
The GDP revision improves measurement, says former chief statistician Pronab Sen, but raises questions on double deflation, consumption surge and fiscal maths ...
At the item level, both prices and methodology remain unchanged, and since the prices are already current, no significant distortion is expected, the Statistics Secretary said ...
The new series will rely on annual surveys such as the Annual Survey of Unincorporated Sector Enterprises (ASUSE) and the ...
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 ...
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.
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