BEIJING (Reuters) - China's statistics bureau said on Friday that it has revised the way it calculates the country's gross domestic product by including contributions from health care, tourism and ...

Howard Lutnick, the U.S. Commerce Secretary, has expressed his intent to exclude government spending from the gross domestic product (GDP) calculations. What Happened: Lutnick argued that government ...

China has changed its method of calculating the country's GDP, a move that is in line with international standards and is not an attempt to jazz up growth figures, the National Bureau of Statistics ...

'Revision of the base year for both CPI and GDP are long overdue.' 'The basic data that went into the 2011-2012 series were mainly from surveys done in 2011 or earlier.' 'We have since seen the ...

Note: The quarter-on-quarter growth rate refers to the seasonally adjusted growth rate over the previous quarter. Refer to NBS database (http://data.stats.gov.cn) for ...

The Finance Ministry on Friday dismissed the criticism of inflated GDP saying it has followed the consistent practice of using the income side estimates to compute economic growth, and stressed many ...

The country real GDP is projected to grow 6.5% in the current fiscal year, according to the Reserve Bank of India. (IE) In the backdrop of the debate around the accuracy of the April-June GDP data, ...

The Finance Ministry on September 15 scotched aspersions cast by “certain sections” on the credibility of Indian GDP data, which showed a 7.8% uptick in the first quarter of this year, stressing that ...

India is likely to have clarity on base year revision for key metrics that ascertain growth, inflation and factory output by the end of the fiscal, sources familiar with the developments informed ...