The GDP price deflator is considered to be a more appropriate inflation measure for measuring economic growth than the consumer price index (CPI ... using the following formula: GDP = C + G ...
The formula used for calculating annual CPI is ... the Producer Price Index (PPI), and the Gross Domestic Product (GDP) deflator. How has Consumer Price Index Calculation Changed Over Time in India ...
The Statistician General of the Federation, Prince Adeyemi Adeniran yesterday said the National Bureau of Statistics (NBS) is rebasing the Gross Domestic Product (GDP) and Consumer Price Index ...
BudgIT, the nonprofit organisation that uses technology to promote transparency and accountability in government spending, has emphasised that the independence of the NBS is crucial for this ...
“Rebasing our GDP and CPI allows us to align with these transformations, providing a more precise and relevant picture of Nigeria’s economic landscape. “This process is foundational to ...
The Country Director of BudgiT, Gabriel Okeowo, described the sensitisation workshop on rebasing Nigeria’s GDP and CPI as crucial to the nation’s economic planning. He said accurate data ...
The National Bureau of Statistics (NBS) is currently undertaking a rebasing exercise for Nigeria’s Gross Domestic Product (GDP) and Consumer Price Index (CPI). This initiative is aimed at ...
The Philippine Statistics Authority (PSA) will change the base year of the consumer price index (CPI) and gross domestic product (GDP) to 2023 from the current 2018, National Statistician Dennis Mapa ...
Meanwhile, the National Bureau of Statistics (NBS) said it will at the end of this month release the rebased GDP as well as the two reports on CPI of the country. The first CPI for data for the ...
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