Growth in the digital economy has scrambled statistics – IMF paper
Countries may have been understating GDP growth, while overstating inflation, IMF analysis reveals
Research from the International Monetary Fund has highlighted how an underestimation of digital sector output has led to underestimated growth and overstated inflation for many countries.
In a report that looks to measure the digital economy, the fund examines whether there have been errors in calculating digital sector productivity – having knock-on effects for wider growth figures.
“Where research and data exist … they indicate that underestimation of digital sector output could subtract 0.3
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