GDP Deflator q/q

Indicator History

History of Event Dates
Event Date Time For
Period		 Currency Actual Forecast
What is this indicator?

The GDP deflator is a price index that measures the changes in prices of all new, domestically produced, final goods and services in an economy. The GDP deflator q/q is a quarterly economic indicator that measures the percentage change in the GDP deflator from one quarter to the next.


Why is it important?

The GDP deflator is important because it is used to adjust nominal GDP figures for inflation, giving a more accurate picture of the real growth of an economy. Unlike other inflation measures that focus on a basket of goods and services, the GDP deflator covers all final goods and services produced within an economy, making it a more comprehensive measure of inflation. The GDP deflator q/q is useful for monitoring short-term changes in the level of inflation within an economy. When the GDP deflator q/q is rising, it indicates that inflation is increasing, which can lead to higher interest rates and slower economic growth. Conversely, a falling GDP deflator q/q may indicate deflation, which can lead to lower interest rates and increased economic growth.

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