The GDP Deflator is a measure of the price level of all domestically produced goods and services included in gross domestic product, calculated as the ratio of nominal GDP to real GDP multiplied by 100, making it the broadest available price index because it is not limited to a fixed consumer market basket and automatically reflects shifts in what the economy actually produces and consumes in a given period. Published quarterly alongside GDP figures by national statistical agencies such as the US Bureau of Economic Analysis, it is the standard tool economists use to convert nominal GDP into real, inflation-adjusted GDP for comparison across time periods.
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1. GDP Deflator (Wikipedia)
WikipediaOpening paragraph, GDP deflator Wikipedia article
In economics, the GDP deflator is a measure of the money price of all new, domestically produced, final goods and services in an economy in a year relative to the real value of them.
Introduction, frequency
Published quarterly alongside GDP figures by national statistical agencies such as the US Bureau of Economic Analysis, it is the standard tool economists use to convert nominal GDP into real, inflation-adjusted GDP for comparison across time periods.
View the Source 2. US Leading Indicators (The Conference Board)
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