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.

To use this formula, you need the initial and final ... in the CPI for that specific good or service. To find the inflation rate, divide the difference by the initial value (the value recorded ...

Despite already elevated inflation rates, Prestige Economics has forecasted that the January CPI report on February 12 could show decelerations in year-on-year total CPI to 2.5% from 2.9% and core ...

Despite already elevated inflation rates, Prestige Economics cautioned that the December CPI report would likely show an acceleration in year-on-year total CPI consumer inflation rate, which is ...