Real gross domestic product (GDP) gives a clearer picture of economic output than nominal GDP as it adjusts the numbers for inflation or deflation.

The BEA also releases its GDP price index. It, like the consumer price index (CPI) and the personal consumption expenditures ...

"The GDP deflator, which is a broad measure of inflation, came in at a 1.8% pace, the weakest pace since the fourth quarter of 2023. A further deceleration in the fourth quarter would provide the ...

To return to the shoe example, if the nominal value of shoes rose 10 percent over a year, the nominal GDP for that year would reflect a 10 percent increase in shoe output. If the price of shoes rose 8 ...

The year-over-year increase in the GDP implicit price deflator was 1.8 percent for the third quarter of 2024. "The economy overall feels really strong and really good." The Federal Reserve ...

The GDP figure in current prices totaled 171.041 trillion rubles ($1.88 trillion). The GDP deflator index in 2023 against 2022 prices moved up by 6.3%. The national GDP lost 1.2% in 2022.