Falling inflation slows nominal GDP despite strong real growth

Nominal GDP moderated due to rapid disinflation despite healthy real growth, a trend economists expect to weigh on fiscal planning before OECD’s outlook.

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Falling inflation slows nominal GDP despite strong real growth

Falling inflation slows nominal GDP despite strong real growth
India’s nominal GDP growth decelerated sharply as inflation cooled faster than anticipated, even though real economic activity remained robust. Economists highlight that the unusual divergence is likely to feature prominently ahead of the OECD’s Economic Outlook release on December 2.
Tags:
  • economy
  • gdp