|GDP Price Deflator Data for base year=2000||View Data online|
|Series Description||Please note that this is a PDF file therefore you will need a viewer, such as Adobe Acrobat Reader to read this file. If you do not have such a viewer, click here to download Adobe Acrobat|
IMPORTANT NOTE FOR USERS OF GDP DEFLATOR DATA:
The base year for the GDP Implicit Price Deflator has changed. The base year is now 2000. We have continued to make the base year=1996 data available.
The GDP Implicit Price Deflator data are from the U.S. Department of Commerce, Bureau of Economic Analysis. They were retrieved from the Federal Reserve Bank of Saint Louis' Federal Reserve Economic Data (FRED) Database at http://research.stlouisfed.org/fred2/.
The Gross Domestic Product (GDP) Implicit Price Deflator, often referred to simply as the GDP Deflator, is a quarterly price index calculated by dividing GDP in some period by GDP in the base period. That is, the GDP deflator is the ratio of nominal GDP to real GDP, so the inflation rate from time T-1 to time T can be calculated as the percentage change in the GDP deflator over that time:
(GDP deflator at T-1) - (GDP deflator at T)
GDP deflator at T
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