The real economic growth rate removes inflation in its measurement of economic growth, unlike the nominal GDP growth rate. Real GDP can be calculated by adjusting nominal GDP by inflation.
UK inflation unexpectedly fell slightly to 2.5% in December, latest figures show today. The Office for National Statistics (ONS), which releases inflation data every month, said falling hotel and ...
Her expertise is in personal finance and investing, and real estate. Real gross domestic product (GDP) is an inflation-adjusted measure that reflects the value of all goods and services produced ...