Since World War II, most countries around the world have come to use gross domestic product, or GDP, as the core metric for prosperity. The GDP measures market output: the monetary value of all the ...

Most measures of economic performance used by government officials to inform their policies and decisions are based on gross-domestic-product figures. But concerns have long been raised that GDP-based ...

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MEASURING output is the best way we have of taking the temperature of an economy. But the industry standard, gross domestic product (GDP) has a host of weaknesses. It is reliant on an arbitrary ...

Paul Allin is a member of the UK National Statistician's Expert User Advisory Committee and he is the Royal Statistical Society's Honorary Officer for National Statistics. Views expressed in this ...

WHICH would you prefer to be: a medieval monarch or a modern office-worker? The king has armies of servants. He wears the finest silks and eats the richest foods. But he is also a martyr to toothache.

India’s upcoming gross domestic product (GDP) series will rely far more heavily on digital and administrative data and updated survey-based methodologies, marking a significant shift away from older ...

India rebases GDP to 2022–23 with methodological upgrades including double deflation and improved informal sector data.

Like other facets of the federal bureaucracy, government-collected data could soon bear the imprints of the Trump administration. The change would likely prove costly for banks and other businesses.

India’s economic growth comes into focus at 4 PM on Friday as the Ministry of Statistics and Programme Implementation (MoSPI) releases GDP data under a revised base year of 2022-23, replacing the 2011 ...

After more than a decade of questions and debates, India is set to finally get an updated gauge of its GDP, with the Ministry ...

Under previous methods, low nominal ‌GDP growth alongside low wholesale inflation created discrepancies by translating into ...