As noted in Real Q1 GDP 0.2% vs. Consensus 1.0%; Disaster in the Details I got the first quarter GDP forecast details correct. However, a bit of self-assessment with differing GDP deflators shows my ...
As Menzie explained on Monday, it isn't inflation. Since there still seems to be some controversy about this issue (e.g., Rich Karlgaard, Instapundit, and Reuters), let me take a stab at it as well.
In FY23, the GDP deflator was 7% y-o-y. In the first three quarters of FY24, the deflator was around 1.1% y-o-y. Amid several factors – both structural and transient – that have contributed to an ...
There are certain unintended consequences of high inflation — not what is denoted by the CPI or WPI but the GDP deflator. A higher nominal GDP brought about by inflation also perversely contributes to ...
From this chart sent out this morning by David Rosenberg, we can see that the GDP deflator is at a five decades low. I tend to believe that the modifications to the inflation measures, including the ...
WASHINGTON Real gross domestic product the broadest measure of the economy s performance rose at a 4.4% seasonally adjusted annual rate in the first quarter, according to preliminary figures released ...
The headline number signals resilience, but it also obscures a softer undercurrent: muted nominal growth, abnormally low ...
The GDP deflator, also called implicit price deflator, is a measure of inflation. It is the ratio of the value of goods and services an economy produces in a particular year at current prices to that ...
The GDP deflator for Q1 of this year was 1.7%, which is right at the 1.75% deflator average for the past 14 quarters (since Q4 of 2009). Briefing.com's deflator forecast was for 1.6%, just a tad below ...
In Australia, implicit price deflator (IPD) is obtained by dividing a current price value by its real counterpart (the chain volume measure). When calculated from the major national accounting ...
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