Noun
a statistical factor designed to remove the effect of inflation; inflation adjusted variables are in constant dollars
Source: WordNetThe overall GDP price index rose at a 1.3 percent annual rate, the same as for the fourth quarter of 2019, while the core Personal Consumption Expenditure (PCE) deflator rose at a 1.8 percent annual rate. Source: Internet
To standardize the data, he converted all individuals into “family units” of three and adjusted for inflation (using Bureau of Economic Analysis’ Personal Consumption Expenditure price deflator). Source: Internet
Other common measures of inflation are: * GDP deflator is a measure of the price of all the goods and services included in gross domestic product (GDP). Source: Internet
The US Commerce Department publishes a deflator series for US GDP, defined as its nominal GDP measure divided by its real GDP measure. Source: Internet