1.Indeed, while inflation remained tamed in 2005 and 2006, the price deflator for nonresidential construction, which measures construction costs, rose 11.7% in both years.
9.Had the GDP deflator been more accurate, Chang Liu and Mark Williams of Capital Economics reckon, real growth in the first quarter would have been one or two percentage points lower.
10.By our calculations, India's consumer price index, which puts greater weight on services, grew by 20 percentage points more than its GDP deflator from 2011 to 2019—the largest gap in any big economy.