GDPdeflátoron
The GDP deflator is an economic indicator used to measure the level of inflation in an economy. It is calculated as the ratio of nominal GDP to real GDP, multiplied by 100. Nominal GDP represents the value of all goods and services produced in an economy at current market prices, while real GDP is adjusted for inflation and represents the value at constant prices. The GDP deflator, therefore, reflects the price changes of all goods and services included in the GDP.
The GDP deflator is a broader measure of inflation than the Consumer Price Index (CPI) because it
Economists use the GDP deflator to understand the true growth of an economy by stripping out the