Recently, an allegation has been made on the government that it is overstating its GDP growth rate after the release of quarterly data of GDP value.
Real GDP growth rate = Nominal rate – Inflation (GDP Deflator)
GDP Deflator = Nominal GDP / Real GDP
Quick facts
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Wholesale Price Index |
Consumer Price Index |
Definition |
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Components/ Types |
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Base Year |
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2012 |
Published By |
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Services |
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Uses |
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Index of Industrial Production (IIP)
References