The U.S. tightened its grip on the title of world’s biggest economy in 2024 as an irrepressible American consumer helped it ...

Real GDP is calculated by dividing nominal GDP by a GDP deflator. Unlike real GDP, nominal GDP uses current market prices and doesn't factor inflation into its calculation. Real GDP is a ...

BEIJING: China's consumer inflation accelerated to its fastest in five months in January while producer price deflation ...

Deflationary pressures are likely to persist in China this year, analysts say, unless policymakers can rekindle sluggish ...

The conclusion came from a study into the so-called GDP deflator conducted by The Asahi Shimbun. The GDP deflator measures changes in the price of domestic goods and services and excludes the ...

Korea registered a per capita gross domestic product (GDP) estimate of $36,024 for last year, outstripping Japan and Taiwan, ...

The government’s estimate for growth was marginally lower than an MC poll of economists conducted a fortnight before the Budget, which had pegged the median at 10.4 percent ...

Referring to the nominal GDP growth projection of 10.1 percent for FY26, Seth said that the finance ministry has assumed a ...

The general government budget deficit is likely to reach 7.7% of GDP in 2025 (cash terms), 0.7 percentage points (pp) above ...

By contrast, China has been battling deflation — its so-called GDP deflator has indicated falling prices since mid-2023. Relative sizes of economies can be measured in various ways. When ...