When GDP is adjusted for inflation, it’s called real GDP. Secondly, GDP is commonly divided by the population size to approximate the output per person in an economy and referred to as GDP per capita. When GDP is modified for inflation and population, it is called real GDP per capita. ...
Nominal GDP is distorted by the effects of inflation, which “inflate” its value. Real GDP corrects for this distortion by removing the effects of inflation. As such, real GDP provides a more accurate measure of production economy-wide. Economic growth is typically measured by the percent ...
Gold corrects lower on shrinking bets for Fed rate cuts Prices of Gold trade on the defensive and reverse four consecutive daily pullbacks in response to extra improvement in the US Dollar as well as investors' reassessement of just one (or none at all) interest rate cut ...
I’ve added Currency in Circulation (CinC / the volume of paper money circulating in the economy) into the mix as GDP is measured in dollars. It’s a point of interest; to me anyway, of the performance of GDP relative to flow of monetary inflation “injected” into the economy by the ...
The Bank of Japan kept monetary policy unchanged on Wednesday, but a downgrade of its inflation forecasts signalled the Bank will be sticking with its massive stimulus program for some time yet and this weighed on the yen. A summary of that meeting will be pub...