As that great deflator of metaphysical questions, philosopher Ludwig Wittgenstein, taught us, the meaning of a term is fixed by the community that uses it. |
The monthly increase in the core deflator is still very moderate, and in April recorded its feeblest growth since December. |
The least squares method is then used to calculate the growth rate of the deflator over the time period. |
The implicit GDP deflator and GDP-PPP are, respectively, output-based intertemporal and interspatial deflators. |
In constant dollars, using the United States consumer price index as a deflator, the average cost increase would only be 2.1 per cent per year. |
The GDP deflator, an overall price index, fell 3.5 percent from a year earlier, the sharpest ever drop, adding to the deflationary problems dominating the Japanese economy. |