The BEA provides the deflator on a quarterly basis. The GDP deflator is a measurement of inflation since a base year. Dividing the nominal GDP by the deflator removes the effects of inflation.

The calculation for factoring in inflation to arrive at the real GDP figure is as follows: Real GDP = GDP ÷ (1 + inflation since base year ... by factoring in a GDP deflator.

The U.S. Bureau of Economic Analysis (BEA) publishes the GDP deflator on a quarterly basis, currently using a base year of 2017 dollars. Real GDP adjusts economic output for inflation, revealing ...

Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. For example, if prices rose by 5% since the base year, then the ...

Gross domestic product, or GDP, measures a country’s economic growth. The converted value of all final goods and services produced within a given country over a given period, GDP can offer ...

Meanwhile, NBS has proposed 2019 as a new GDP base year and 2024 as new base year for inflation computation. NBS disclosed this at a sensitization workshop on GDP and Consumer Price Index ...

“Average deflator should be ... on January 31 pegged the GDP growth estimate at 6.3-6.8 percent, 20 bps or 0.2 percentage points lower than previous year’s forecast of 6.5-7 percent.