deflator

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. Bloomberg Financial Dictionary

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deflator de‧flat‧or [ˌdiːˈfleɪtə, dɪ- ǁ -ər] noun [countable] ECONOMICS STATISTICS
in calculating economic statistics, something that is used to remove the effect of inflation from the figures so that figures from different periods of time can be compared:

• The broadest measure of inflation, the implicit price deflator for the gross domestic product, fell from 2.2 percent in April to 2.1 percent this month.

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deflator UK US /dɪˈfleɪtər/ noun [C]
ECONOMICS a figure that is used to change current prices or wages so that they can be compared to past prices or wages, by removing the effect of inflation: »

The GDP deflator - the overall inflation measure covering all price changes in the economy and not just at the consumer level - rose 0.4 percent in the third quarter to 128.

»

The price deflator measures the magnitude of price increases and detects whether higher costs drive consumers away from a product.


Financial and business terms. 2012.

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Look at other dictionaries:

  • deflator — n. a statistical factor designed to remove the effect of inflation; inflation adjusted variables are in constant dollars; as, the GNP deflator.. [WordNet 1.5] …   The Collaborative International Dictionary of English

  • deflator — deflatór s.m., pl. deflatóri Trimis de siveco, 10.06.2007. Sursa: Dicţionar ortografic  DEFLATÓR s. m. indice al deprecierii banilor, servind la înlăturarea unor efecte ale inflaţiei. (< germ. Deflator) Trimis de raduborza, 15.09.2007. Sursa …   Dicționar Român

  • Deflator — For GDP deflator, see GDP Deflator. In statistics, a deflator is a value that allows data to be measured over time in terms of some base period, usually through a price index, in order to distinguish between a changes in the money value of a… …   Wikipedia

  • deflator — deflate ► VERB 1) let air or gas out of (a tyre, balloon, etc.). 2) cause to feel suddenly dispirited. 3) reduce price levels in (an economy). DERIVATIVES deflator noun …   English terms dictionary

  • deflator — noun see deflate …   New Collegiate Dictionary

  • deflator — See deflate. * * * …   Universalium

  • deflator — noun A factor applied to economic statistics in order to counter the effect of inflation …   Wiktionary

  • deflator — n. something which causes deflation (reduction in the amount of money in circulation, increase in buying power, lowering of prices) …   English contemporary dictionary

  • deflator — de·fla·tor …   English syllables

  • deflator — /dəˈfleɪtə/ (say duh flaytuh) noun 1. someone or something that causes deflation. 2. a statistical tool used to convert current dollars into dollars which are adjusted for inflation, so as to compare prices over time realistically …  

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