Understand the income approach to GDP, where total expenditures equal the income from goods and services in an economy.

This Economic Letter discusses a topic that at first glance appears to be boring and technical but that in fact turns out to be quite important: the proper interpretation of chain-weighted data. To ...

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

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 ...

India rebases GDP to 2022–23 with methodological upgrades including double deflation and improved informal sector data. Here’s what it means for growth and policy.

India will release its rebased GDP series with 2022–23 as the base year, incorporating digital services, gig economy data, double deflation, and improved quarterly benchmarking methods.

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

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 ...