deflator
Noun
Meaning
a statistical factor designed to remove the effect of inflation; inflation adjusted variables are in constant dollars
Source: WordNetSynonyms
Antonyms
Show all antonymsHypernyms
Examples
The 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.
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).
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).
The US Commerce Department publishes a deflator series for US GDP, defined as its nominal GDP measure divided by its real GDP measure.