Ramesh said the reported real GDP growth rates appeared inflated because the price deflators used to calculate them were “very low”.
Headline Numbers For Inflation-Adjusted GDP Growth Rates Are Deceptive, Says Jairam Ramesh. New Delhi, Jan 15 (IANS) The ...
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Real GDP growth rate (year-over-year) for Q2 2024 is 3.1%. The unemployment rate is at 4.1%, close to a 50-year low. The year-over-year increase in the price deflator is 2.5%. Not a bad picture, ...
Economists also said lower inflation and a weak GDP deflator have dragged nominal growth to around 10%, even as real activity improves; the bigger challenge now is jobs and wage growth.
Under normal circumstances, these numbers must be reflective of an economy on a firm footing, with broad-based growth ...
MOSCOW. Dec 30 (Interfax) - Russian GDP grew 0.6% year-on-year in Q3 after rising 1.1% in Q2 and 1.4% in Q1 2025, the State Statistics Service (Rosstat) said in a report on GDP consumption in Q3.