India's new GDP series, adopting double deflation and 600 price indicators, enhances accuracy in economic growth estimates.

India’s new GDP series ditches broad-based deflators for granular, sector-specific price indices ahead of February 27 release ...

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.

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.

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 ...

Real GDP measures the pace of economic growth after stripping out the effects of inflation. In India’s case, this has typically been calculated by adjusting nominal GDP using price indices.