Real GDP is calculated by dividing nominal GDP by a GDP deflator. Unlike real GDP, nominal GDP uses current market prices and doesn't factor inflation into its calculation. Real GDP is a ...
By contrast, China has been battling deflation — its so-called GDP deflator has indicated falling prices since mid-2023. Relative sizes of economies can be measured in various ways. When ...
Deflationary pressures are likely to persist in China this year, analysts say, unless policymakers can rekindle sluggish ...
There have been years, where the GDP deflator has been less than 2% or 3%. Real economic growth at the moment is 6.5-7%, but through various reform measures, we add to that potential. That does ...
The general government budget deficit is likely to reach 7.7% of GDP in 2025 (cash terms), 0.7 percentage points (pp) above the government's target of 7% of GDP, according to projections drafted by ...
By contrast, China has been battling deflation — its so-called GDP deflator has indicated falling prices since mid-2023. Relative sizes of economies can be measured in various ways. When ...
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