Most measures of economic performance used by government officials to inform their policies and decisions are based on gross-domestic-product figures. But concerns have long been raised that GDP-based ...

In a review of Diane Coyle’s GDP: A Brief but Affectionate History, aptly titled “Measuring the Unmeasurable,” James Grant highlights many of the difficulties involved in aggregate statistical ...

Economic growth refers to the increase in goods and services production over set periods, often measured by GDP or GNP, ...

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 ...

Since late 2015, growth in real GDP has consistently exceeded that in real GDI, a prominent alternative measure of aggregate output, with an average difference of about 0.65 percentage point. Is real ...

The new series of Consumer Price Index (CPI), used for measuring retail inflation, is going live from February 2026. The Ministry of Statistics and Programme Implementation (MoSPI) has announced ...

Since World War II, most countries around the world have come to use gross domestic product, or GDP, as the core metric for prosperity. The GDP measures market output: the monetary value of all the ...

Criticisms of India’s data and specially the national accounts, which became common after the base change to 2011-12, tend to be of four types. First, those that resist change and loss of ...