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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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Growth in the GDP deflator, which reflects general price movements, will also be revised downward to zero from the initially projected 0.
Nominal growth estimate to be cut, end to deflation may be delayed by Japan Weekly Monitor
Under a dual-index method, a cumulative deflator index is computed, employing year-end FIFO costs, and then is used to determine base-year cost.
Voluntary LIFO method change can forestall IRS challenge by Seeland, John E. / The Tax Adviser
The GDP deflator, a closely watched inflation gauge, rose 1.
LEAD: U.S. economic growth at real 3.5% in 4th qtr, 3.4% in 2006 by Japan Weekly Monitor
 
 
 
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