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GDP deflator

   Also found in: Wikipedia 0.01 sec.
GDP deflator
A price index used to adjust gross domestic product for changes in prices of goods and services included in the GDP. The GDP deflator is a more broadly based and, many economists argue, a better measure of inflation than the consumer price index or the producer price index. Also called gross domestic product deflator.
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The basic question addressed in this paper is whether information regarding inflation in various asset prices can be useful in future goods and services price inflation, represented by CPI, wholesale or retail price indices, or even the GDP deflator.
Asset price volatility and consumer price inflation: is there a ... by Wague, Cheick / Journal of Academy of Business and Economics
The differential growth rate between the GDP deflator and the Consumer Price Index (CPI-W) should be maintained at -0.
2003 Technical Panel on Assumptions and Methods by Social Security Bulletin
I suspect that in a couple of the next four quarters we will see small declines in nominal GDP in major industrial countries besides Japan as the GDP deflator dips below zero.
Dangerous Global Overcapacity? by COOPER, RICHARD N. / The International Economy
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