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mported goods decreased only by 0.2% in February and remained at a very high level in 2025Q1. Personal income increased significantly by 0.7% and 0.8% in January and February respectively. The gap of economic growth rate between real GDP and GDP will widen in 2025Q1. The average economic growth rates of real GDP and real GDI are very close over the long run, but they differ by more than 2% in each quarter. Economists and markets need not only GDPNowcast but also GDINowcast to correctly judge the current economic situation.
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