Inflation plays a crucial role in GDP measurement by influencing consumer spending, production costs, and overall economic ...

Today, the United Nations Human Rights Council held a session exploring reforms of global economic rules to better align with ...

Real gross domestic product (GDP) is an inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a given year. Real GDP is expressed in base-year prices.

There are two main ways to measure GDP: by measuring spending or by measuring income. And then there's real GDP, which is an ...

Not all productive activity is included in GDP. For example, unpaid work (such as that performed in the home or by volunteers) and black-market activities are not included because they are difficult ...

The govt intends to develop a framework to comprehensively capture the impact of knowledge on economic and social life in the ...

GDP stands for gross domestic product, and is a measure of all the economic activity of companies, governments and people in a country. In the UK, the Office of National Statistics (ONS ...

While the headline figure will be greeted with some relief in Downing St, the ONS data shows there is little to celebrate, with a measure for growth by head of population showing a second quarter of ...