tag:blogger.com,1999:blog-8817171247555815363.post6766978098858897907..comments2024-03-26T05:57:44.937+00:00Comments on True Economics: 21/3/2013: National Accounts 2012: Ireland - Part 1TrueEconomicshttp://www.blogger.com/profile/07350536454228478974noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8817171247555815363.post-56528079256554270412013-03-22T10:24:08.421+00:002013-03-22T10:24:08.421+00:00'The GDP, adjusted for inflation now stands at...'The GDP, adjusted for inflation now stands at 5.97% below the peak at 2007.'<br />I calculate a deflation figure for 2008-12 of around 8%, based on the actual nominal decline of 13.7%, €189.1bn - €163.6bn. It is a significant figure, but a figure that is rarely introduced into current debates on the economic situation. One reason may be that there are many inflation figures: Inflation, GDP inflation, HICP. gocoshttps://www.blogger.com/profile/04387044139990313742noreply@blogger.com