There is a measurable correlation between the Consumer Price Index and Gross Domestic Product
Is it true that there is a measurable correlation between the Consumer Price Index and Gross Domestic Product?
Yes. Multiple macroeconomic studies across different regions confirm a measurable correlation and causal relationship between the Consumer Price Index (CPI) and Gross Domestic Product (GDP).
Verdict: SUPPORTED · 4 sources for, 0 against · Last checked
The claim is a specific, empirical statement about economic indicators that passes checkability. Retrieved papers such as [0], [1], [2], and [3] explicitly examine or utilize both CPI and GDP in empirical modeling, consistently showing a measurable relationship or correlation between inflation and economic growth. Therefore, the claim is supported.
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Hoang, T., Thi, V. A. N., & Minh, H. (2020). The impact of exchange rate on inflation and economic growth in Vietnam. doi.org. https://doi.org/10.5267/j.msl.2019.11.004
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Khan, S., Tariq, M., & Khan, M. A. (2025). Exploring the Impact of Monetary Policy and Institutional Quality on Inflation, Investment, and Economic Growth in G‐10 Economies. doi.org. https://doi.org/10.1111/1477-8947.70005
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Budhathoki, P. B., Bhattarai, G., & Upadhyaya, Y. M. (2024). Does Interest Rate Impact Economic Growth? Empirical Insight from Nepal. doi.org. https://doi.org/10.3126/njmr.v7i1.65253
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The Causal Relationship between Harmonized Consumer Price Index, Producer Price Index and Gross Domestic Product: Evidence from Kosovo. (2025). doi.org. https://doi.org/10.37075/ea.2025.1.09
- Is it true that stock prices are included in the calculation of gross domestic product? REFUTED
- Is it true that the Consumer Price Index accurately measures inflation? CONTESTED
- Is it true that consumer product prices rise independently of supply? SUPPORTED
- Is it true that competition always leads to lower prices for consumers? CONTESTED PARTIAL
What does the evidence say?
The claim is a specific, empirical statement about economic indicators that passes checkability. Retrieved papers such as [0], [1], [2], and [3] explicitly examine or utilize both CPI and GDP in empirical modeling, consistently showing a measurable relationship or correlation between inflation and economic growth. Therefore, the claim is supported.
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