Deflator(redirected from Chain Deflators)
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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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved