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.
References in periodicals archive ?
The world's first 'intelligent' road hump which deflates for emergency vehicles and drivers going under a set speed
Fossett said: "I was bounced along for about three miles while I tried to deflate the balloon.
If the valve is set at 20mph, then a car doing that or less will find that the cushion deflates and allows it to travel with minimum disruption.
JUST AS ``The Lord of the Rings: The Two Towers'' prepares to dominate movie screens for the next month or so comes ``French & Saunders: Lord of the Rings,'' a modest effort to deflate some of the epic's more pretentious inclinations.
Washington has an obligation to identify - publicly - whatever real dangers still exist and to deflate rumors, even possible public hysteria, about imagined ones.