Deflator


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Related to Deflator: GDP deflator

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.
References in periodicals archive ?
They provide the data from which Table 36 (constant dollars) and Based on Department of Defense Price Deflator.
Third, measurement error appears to be more important for the NFB deflator.
In the first place, it conveys a general-message of caution about the use of the deflator used for the real money stock, in particular in the specification of models not derived explicitly from utility maximization: for certain changes, the effects can be qualitatively different.
The taxpayer would simply use the table to look up the number of full years (in column 1) his capital gain property was held before being sold to find the Consumer Price Index Deflator percentage factor for asset basis (in column 2).
In particular, developing better price deflators for business investment in intangible capital and better estimates of depreciation rates for intangible capital should be high priorities.
Early in the morning, the government said the GDP deflator fell 1.
For example, the gross domestic product price deflator, a measure of price increases tied to the GDP, rose 2.
For example, the Service would object to the use of the prior year's cumulative deflator index as the current year's cumulative inflator index, since this assumes there was no inflation at the beginning of 1996.
The applicable inflation ratio, in turn, is determined using a gross domestic product (GDP) deflator, as follows:
Chart 8 shows three measures of non-oil import prices: the implicit deflator from the national income and product accounts (NIPA), the fixed-weight price index published by the Bureau of Labor Statistics (BLS), and a NIPA price index that has been reconstructed with fixed weights.
The deflator of nominal output and nominal wages that underlie labour's terms of trade are an important part of understanding the relationship between labour productivity and consumption wages.
Abe, the top government spokesman, said the government determines that the economy is in mild deflation from a set of three price indicators -- corporate goods prices, consumer prices excluding those of perishables, and the gross domestic product deflator.