It does not factor taxes and subsidies. A new indicator called GDP deflator is derived by dividing nominal GDP by real GDP. It is a measure of price changes in the economy. Also See: Gross National ...

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 ...

Real GDP takes inflation into account by converting the nominal figure using a constant value of money from a past base year (called a GDP deflator). Economists generally prefer real GDP.

The first estimate of Q1/24 GDP growth came in weaker than expected (1.6% vs 2.5%). On a quarterly basis, the deflator grew at a 3.7% annualized rate, which was a bit higher than the market's 3.4% ...

It does, however, not have any material effect. It is only a definition, to define is just to define. The answer the Council gave to my request regarding the change of the definition confirms this ...

However, in order to arrive at the real GDP figure, the nominal figure needs to be adjusted downwards using a “deflator”. This deflator is a statistical tool derived from our inflation data, and is ...

In the case of GDP, national accountants, the persons who develop the estimates of GDP, use a measurement called a GDP deflator, which is a much broader measure of inflation than the consumer price ...

stood at 3.6% in 2023, according to the second estimate of the Federal State Statistical Service (Rosstat).The GDP in current prices amounted to 172.148 trillion rubles ($1.88 trillion). The GDP ...

US first quarter GDP growth is an annualised 1.6%, well below the 2.5% consensus expectation, but inflation is hotter with the core PCE deflator up 3.7% annualised versus 3.4% expected. This suggests, ...

US first quarter GDP growth is an annualised 1.6%, well below the 2.5% consensus expectation, but inflation is hotter with the core PCE deflator up 3.7% annualised versus 3.4% expected.