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 ...
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 rebases GDP to 2022–23 with methodological upgrades including double deflation and improved informal sector data.
When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. “The evolution of potential output (or the ‘supply-side’) is the most important determinant of ...
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