Gross Domestic Product (GDP) measures the quantum of economic activities in a country, in monetary terms, over a period of time usually one year. Real GDP eliminates the impact of inflation by ...

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.

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 ...

India’s new GDP series ditches broad-based deflators for granular, sector-specific price indices ahead of February 27 release ...