Investor Presentaiton slide image

Investor Presentaiton

Rebasing/Re-benchmarking of GDP ● Over time prices change and the structure of an economy changes introduction of new products alteration in the variety of products and services due to technological innovations and developments; ● Changes in consumption Structural changes in acquisition of capital goods and changes in openness of economy ● Price structure of the economy changes ■ base year structure becomes less representative of the economy as time progresses ■ substitution effect: Consumers move away from relatively more expensive products to buy goods with relatively cheaper prices. nbs NATIONAL BUREAU OF STATISTICS
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