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Low Deflator a Factor for High FY25 Growth: Need to Revisit GDP Computing: Experts
March 01, 2025
|Financial Express Kochi
Low Deflator a Factor for High FY25 Growth
Economists and statisticians have expressed concern over massive revisions of GDP data, starting FY23, made by the statistics ministry on Friday.
They see there is a need to re-look at the way estimates for GDP are computed, as high data revisions have serious implications for policy-making.
"Substantial revisions of past data make forecasting more challenging, but still the overall picture and analysis remains unchanged, which is that the economy is on a stable footing," noted Madan Sabnavis, chief economist, Bank of Baroda.
هذه القصة من طبعة March 01, 2025 من Financial Express Kochi.
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