deflator
/dɪˈfleɪtər/
noun
- A statistical measure used to adjust economic data, such as prices or wages, to account for inflation, allowing comparison over time.
- The GDP deflator shows how much of the economic growth is due to price changes.
- Economists use a price deflator to compare wages from different decades.
- The consumer price deflator rose slightly last quarter.
- Something that reduces or lowers the value, amount, or level of something else.
- The new tax law acted as a deflator for housing prices.
- The strong currency served as a deflator for export earnings.
- Increased competition was a deflator for the company's profits.
Antonyms