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This was true only in nominal terms.
And so it did, in nominal terms.
Those figures are in nominal dollars, not adjusted for inflation.
£4.5bn in nominal loans = 15% of NI GDP.
The downgrades also occur in nominal GDP growth.
Retail sales figures are expressed in nominal dollars.
Unlike share prices, house prices rarely plunge in nominal terms.
Well, revenue continues to grow in nominal terms.
The first is unusually weak growth in nominal GDP.
Nevertheless dividends rose tenfold in nominal terms over that period.
Financial contracts are set in nominal, not in real, terms.
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