Definition: Real GDP is the nominal GDP after adjusting for any price changes attributable to either inflation or deflation. Description: Nominal GDP or the GDP at current price can present a ...

Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. For example, if prices rose by 5% since the base year, then the ...

In FY23, the GDP deflator was 7% y-o-y. In the first three quarters of FY24, the deflator was around 1.1% y-o-y. Amid several factors – both structural and transient – that have contributed to ...

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. An implicit ...

Market participants will also pay close attention to the GDP Price Index (GDP Deflator), which represents the average change in prices of all new, domestically produced final goods and services in ...

Investopedia / Katie Kerpel The Consumer Price Index (CPI ... The CPI and its components are also used as a deflator for other economic indicators, including retail sales and hourly/weekly ...

There are multiple measures—consumer price index, producer price index, GDP price deflator— that produce different, often irreconcilable, results. Data-dependent central bankers can fit the ...

The GDP price index is also expected to rise by 3.0% from 1.6% last quarter. This would imply that nominal GDP growth in the first quarter likely grew by around 5.5%, a healthy growth rate faster ...