The divergence between investment rate at constant prices and at current prices has been on an increase in recent times. For instance, gross fixed capital formation (GFCF) was 31.8 per cent of the gross domestic product (GDP) at constant prices, while it was way down at 26.8 per cent at current prices in the third quarter of the current financial year.
The difference between the real and nominal GFCF rates was five percentage points. The difference stood at over five per cent in the previous two quarters of the current financial year. There has always been a difference between the