India's new GDP series, adopting double deflation and 600 price indicators, enhances accuracy in economic growth estimates.
A revised GDP series with 2022–23 as the base year will be released on February 27, along with updated historical data covering the previous four years.
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 ...
As India shifts to 2022-23 as the new base year for measuring GDP, here’s a simple look at the key data concerns raised over ...
The new series of data not only revises the base year for calculation purposes to 2022-23, it also incorporates several vital changes with an aim to give a more accurate measurement of the size of the ...
Real GDP measures the pace of economic growth after stripping out the effects of inflation. In India’s case, this has ...
The GDP revision improves measurement, says former chief statistician Pronab Sen, but raises questions on double deflation, consumption surge and fiscal maths ...
On 27 February, India will shift its GDP base year to 2022-23 from 2011-12. The update could lift output estimates and signal ...
An IMF and Johns Hopkins University study shows that Kenya’s GDP growth can be estimated in real time by combining monthly indicators like trade, electricity, remittances and mobile money data into a ...
SBI Research nowcasts India’s Q3 FY26 GDP growth above 8 per cent amid strong domestic demand and ahead of a major statistical base revision ...
Discover how GDP and GPI together offer a clearer insight into a country's economic prosperity and well-being beyond traditional metrics.
Growth accounting is a quantitative tool used to break down how specific factors contribute to economic growth.
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