A former economic advisor has given a thumbs up to recent economic growth figures. The numbers show a significant increase, but some people had questioned their accuracy. The advisor explained that a new method is being used to calculate growth, which takes into account the different rates at which prices of various goods are changing.

This approach is considered advanced and is used to get a more accurate picture of the economy. An example was used to illustrate how this method works, involving the production and sale of a common food item. Further details on this explanation are available.