Nominal GDP grew by 8.8% which when juxtaposed with negative inflation numbers worked its way to the real GDP growth numbers.

Measures are formulated for summarizing the strength of association between a nominal variable and an ordered categorical variable. The measures are differences or ratios of probabilities of events ...

It said "Don't expect corporate revenue growth to bounce materially in FY26," adding that weaker nominal variables may also drag down earnings momentum.

However, RDS estimates are limited to nominal variables, and one of the assumptions required for the proof of lack of bias is the absence of differential recruitment. One aim of this paper is to ...