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Deflator
(redirected from Chain Deflator)

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Deflator
A statistical factor used to convert current dollar purchasing power into inflation-adjusted purchasing power. Enables the comparison of prices while accounting for inflation in two different time periods.

Deflator
A mathematical tool used to adjust for inflation when comparing two prices from two different periods of time. One uses a deflator when one seeks to determine whether or not prices are rising in real terms.


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Friday things get interesting with the release of the first cut on the GDP for the first quarter, along with the other numbers in the same release, like the chain deflator, an imbedded measure of inflation and the Employment Cost Index.
 
 
 
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