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 ...

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

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 ...

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 ...

We've another of those attempts to tell us that we should be measuring something other than Gross Domestic Product as an indicator of how well we're doing as a society. Like most such attempts there's ...

I discuss the importance of understanding where the economy is in the business cycle for investors, highlighting the difficulty in predicting recessions. I suggest that GDPplus, a model introduced by ...

Because of the huge diversity of what is produced in a modern society, aggregation becomes difficult. GDP yields one monetary number to represent it and that is taken to present an aggregate picture ...