Gross domestic product (GDP) measures the market value of all goods and services a country produces in a specific time frame. It's used to gauge a nation's economic growth and its people's standard of ...

Quick answerNominal GDP values final domestic production at current prices, so it can rise because output, prices, or both increased. Real GDP adjusts for price change to measure production volume ...

Explore the debate over India's 7.8% GDP growth rate for Q1 FY27, highlighting the role of the GDP deflator and the methodology changes that have sparked controversy.

Chennai: The 7.8% growth for Q1FY27 seems to be overstated due to an anomaly in the GDP deflator, find experts. The real GDP growth for the quarter could be around 5-5.5%. “Despite adopting the double ...

MoSPI Secretary Saurabh Garg on Thursday explained why India's manufacturing GDP deflator turned negative in the April-June quarter despite rising input costs. He said the calculation reflects changes ...

MoSPI says changes to GDP estimates reflect updated data, methodologies and price indices, while differences in GVA growth stem from the impact of input and output prices The Ministry of Statistics ...

MoSPI explains the negative manufacturing GVA deflator, Q1 FY26 GDP revisions, GDP inflation differences, mining GVA and statistical discrepancy. MoSPI explains GDP estimates, manufacturing GVA ...

The Ministry of Statistics and Programme Implementation (MoSPI) has clarified questions over India's 7.8% GDP growth in the April-June quarter. The ministry explained how revisions to the GDP series, ...

The Ministry of Statistics and Programme Implementation (MoSPI) has sought to address concerns over the newly released GDP estimates, saying a negative implicit deflator for manufacturing does not ...