Deflator (平减指数)

Deflator (平减指数 píng jiǎn zhǐshù) refers to a statistic factor used to remove the effect of inflation which enable economists to compare price level in different time periods and get an idea of the inflation-adjusted purchasing power.

Deflator (平减指数 píng jiǎn zhǐshù) word examples:

  1. GDP deflator (GDP 平减指数 GDP píng jiǎn zhǐshù).
  2. Implicit price deflator (隐形价格平减指数 yǐnxìng jiàgé píng jiǎn zhǐshù).
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