GDP deflater: related pages

GDP (Gross Domestic Product)
The total value of all goods and services produced in an economy.
Inflation
The rate at which prices rise. There are many measures used for different purposes.
Hedonic pricing model
A model of the factors (such as quality) that affect prices, so price indices can be adjusted for changes in these factors.
HICP
The consumer price index. The UK measure is another name for the EU's HICP.
Real terms
The change in a financial number after correcting for the effect of inflation.
Copyright Graeme Pietersz © 2005-2019