deflator

deflator definition - business

deflator

A statistical measure used to adjust prices for inflation. For example, the GDP deflator adjusts the current level of gross domestic product for changes in purchasing power subsequent to a base year.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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