Understanding the new GDP series: What changes with the FY23 base reset. Key details
The new series will rely on annual surveys such as the Annual Survey of Unincorporated Sector Enterprises (ASUSE) and the Periodic Labour Force Survey (PLFS), allowing direct yearly estimates. This is expected to better capture the dynamism of the informal economy.
The new series will rely on annual surveys such as the Annual Survey of Unincorporated Sector Enterprises (ASUSE) and the Periodic Labour Force Survey (PLFS), allowing direct yearly estimates. This is expected to better capture the dynamism of the informal economy.
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