The GDP price deflator is considered to be a more appropriate inflation measure for measuring economic growth than the consumer price index (CPI) because it isn't based on a fixed basket of goods.

(3) Calculate the rate of growth of real GDP. (4) Calculate the rate of inflation using both the implicit price deflator and the consumer price index (CPI). Explain the difference in these two ...

China's consumer inflation accelerated to its fastest in five months in January while producer price deflation persisted, ...

Deflationary pressures are likely to persist in China this year, analysts say, unless policymakers can rekindle sluggish ...

While China's statistics bureau reported the country had hit its target gross domestic product (GDP) growth on the ... 0.2 percent increase in the consumer price index (CPI) for 2024.

Korea registered a per capita gross domestic product (GDP) estimate of $36,024 for last year, outstripping Japan and Taiwan, ...

This is expected to make estimation of real GDP more close ... the consumer price index (CPI) would provide better determinants of the movement in the national income deflator.