gross domestic product deflator


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gross domestic product deflator

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Cabinet members and influential lawmakers of the governing Liberal Democratic Party have been urging the central bank to examine broader economic indicators such as the gross domestic product deflator, not just the core nationwide CPI.
The gross domestic product deflator shows consumer price changes in a comprehensive manner.
Brokers said optimism over the economy strengthened due to the government report, released Monday, that said Japan may finally emerge from long-running deflation in fiscal 2006 as two major price gauges -- the consumer price reading and the gross domestic product deflator -- are expected to rise from the previous year's levels.
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.

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