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deflator

deflator

1 8.6
A number that changes amounts of money from different years so they ignore rising prices
  • noun
  • /dɪˈfleɪtər/
  • Specialized
: deflactor
  • As the graph shows, inflation measured by the GDP deflator averaged nearly 7% in the 2004-2008 period.
  • price deflator
  • GDP deflator
  • investment deflator

All these these contention about CPI and GDP deflator, All of those you can transcend.

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Examples

  • The three numbers refer to the change in the deflators for nondurable goods, personal consumption expenditures, and gross domestic product.

    Academic text (2016)
  • Given alternative deflators and measures of intangibles, we adjust both output and input (capital services).

    Academic text (2016)
  • How sensitive is this benchmark to the advertising deflator?

    Academic text (2016)
  • We also consider alternative deflators for semiconductors.

    Academic text (2016)
  • BEA's investment deflator for IT includes things like computers, equipment software, and other special-purpose equipment.

    Academic text (2016)
  • Great work, but the Fed looks at the PCE deflator, not CPI, to decide monetary policy.

    Blog text (24)
  • While Malaysian inflation seems well-behaved and is growing around 2%, the GDP deflator tells a completely different story.

    Blog text (8)
  • Price inflation measured by the implicit price deflator of GDP was close to a two-digit figure in most years.

    Academic text (2001)
  • The GDP deflator allows economists to compare the real and nominal values of goods over time, accounting for inflation.

  • To accurately assess the effect of inflation on wages, analysts often use the Consumer Price Index deflator.

Surface Forms

deflator singular
deflators plural

Morphology

deflator = deflate (transparent) = deflate + or

Formed from the verb 'deflate' with the nominalizing suffix '-or'; the meaning 'a thing that deflates' (here: a measure that removes inflation) is a direct extension.

Etymology

The word deflator comes from deflate, which originally meant 'to let out air', the opposite of inflate ('fill with air'). So a deflator is a number that 'removes' the effect of inflation from money figures, letting us see what money is really worth.