China has changed its method of calculating the country's GDP, a move that is in line with international standards and is not an attempt to jazz up growth figures, the National Bureau of Statistics ...

Discover why GDP is crucial for measuring economic health and growth. Learn how it guides policymakers, investors, and ...

As part of the ongoing exercise to update the GDP base year, the government will use several more datasets on the expenditure side to improve the sources of data and enable more accurate estimation of ...

Note: some of the data in the table, such as GDP total amount and composition, are not equal to the sum of various industries (sectors) due to rounding errors and have not been mechanically adjusted.

Note: The quarter-on-quarter growth rate refers to the seasonally adjusted growth rate over the previous quarter. Refer to NBS database (http://data.stats.gov.cn) for ...

I sometimes read assertions that the statistical methods used by the Commerce Department to calculate GDP no longer properly capture economic output because they don’t, for example, properly account ...

The government final consumption expenditure (GFCE) too was revised higher from 2.5% to 8.1%. (PTI) The National Statistical Office (NSO) will likely use GST Network (GSTN) data to compute the gross ...

India is likely to have clarity on base year revision for key metrics that ascertain growth, inflation and factory output by the end of the fiscal, sources familiar with the developments informed ...