Introduction of the Chain Fisher Measure of Real GDP
Introduction of the Chain Fisher Measure of Real GDP
Introduction of the Chain Fisher Measure of Real GDP
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Why Change?<br />
• The new calculation produces <strong>the</strong> most<br />
accurate measure <strong>of</strong> quarter to quarter<br />
growth in <strong>GDP</strong> and its components;<br />
• The change brings <strong>the</strong> Canadian measure in<br />
line with <strong>the</strong> US quarterly Income and<br />
Product Accounts which also use <strong>the</strong> chain<br />
<strong>Fisher</strong> formula to measure real <strong>GDP</strong>.
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