GDP deflator

GDP Price Deflator

A ratio of nominal GDP to real GDP expressed as a percentage. The GDP price deflator is used as a measure of the inflation rate; it does not account for price changes in commodity baskets like the Consumer Price Index. Rather, it shows changes in GDP compared with a base year.

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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Based on the GDP deflator, the price level in Slovakia vis-a-vis the eurozone fell by almost 4 percent in the past three years.

IFP: Slovakia's convergence with EU economy slower than before crisis

The 2017 GDP deflator shows an inflation rate of 2.

10-month PHL inflation lower than 7-year average

The GDP deflator is minus this time, because of low commodity prices that have pushed inflation into the negative territory.

The contrarian view

As time passes, the effects of nonmonetary events (velocity) on the GDP deflator fade and the connection between excess-money growth and prices starts to predominate.

Prices from a monetary perspective

The GDP deflator, a key price change gauge for the government, fell 0.

4TH LD: Japan's economy posts slower-than-expected annual 0.8% growth

In light of this, we considered four measures of inflation based on four measures of the aggregate price level: 1) the GDP deflator, 2) the price deflator for the nonfarm business sector (NFB), 3) the Consumer Price Index (CPI), and 4) the price deflator for personal consumption expenditures (PCE).

Testing the Calvo model of sticky prices

We want to formulate new standards'' used for a new GDP deflator, he said.

3RD LD: Ministers say inflation target should be considered

Inflation in 1993, as measured by the GDP deflator, is expected to rise about the same as in 1992, between 2 and 3 percent.

Factors affecting livestock and poultry

The real wage is calculated as compensation per employee divided by the GDP deflator.

Wage-price behaviour in Iceland

According to the draft budget, the GDP deflator stands at 14.

Uzbek GDP volume to exceed 290 trillion soums in 2018 forecast

The data also showed that the GDP deflator, a key inflation gauge, fell at the steepest rate ever of 3.