Discover how base-year analysis measures economic changes, eliminates inflation effects, and aids in financial growth ...

India plans to enhance its economic measurement with a new system leveraging real-time tax data. Set for release in 2026, the revised GDP framework will include back-series data and improved methods ...

We live in a galaxy of data. From satellites and smartwatches to social media and swipes at a register, we have ways to measure the economy to an extent that would have seemed like science fiction ...

India to use double deflation in new GDP series, addressing IMF concerns and boosting data credibility to align with global ...

India's revamped GDP series will use richer data and double deflation to better capture the informal economy, address IMF ...

Learn how accounting measurement quantifies economic activities, enabling better business analysis and comparison through ...

There's one statistic that rules them all when it comes to keeping track of the economy: gross domestic product (GDP). It's the sum of all final transactions, so all the goods or services bought and ...

Economic assessments may miss important changes in a rewired, data-driven economy Assessments of the world’s economies may be off by trillions of dollars. The existing metrics for GDP, consumer prices ...

Speaking amid scrutiny of India's stronger-than-expected 8.2% GDP growth in the second quarter of this financial year, he said, "We are engaged in an exercise of estimation, and all estimation ...

A series of comments from Trump officials in recent days raised concerns that the administration may try to look differently at a key economic measure of America's economic health: the quarterly ...

The role of imports in GDP—Gross Domestic Product—confuses many people. The current political discussion about tariffs has triggered some of the misunderstanding. This article aims to help business ...

The Trump administration is suggesting a change in the way economic growth is measured, just as the economy appears poised to notch its worst performance since the pandemic-era shutdowns. On Monday, ...