The index, known as the implicit price deflator, is 1.5 percent for the coming budget year.

The deflator, on the other hand, measures both price changes and shifts in what the economy produces.

"People seem to feel comfortable with the deflator, and that makes them willing to move out on the curve."

"What our trading people were saying was that initially the market looked at the deflator number and dropped," he said.

The derisive sound she made was a classic male self-esteem deflator.

This marks the third quarter in a row where the deflator has been under 3 percent."

The deflator showed inflation at an annual rate of 2.9 percent in the quarter, the same as initially estimated.

Another inflation gauge, the implicit price deflator, eased to 3.8 percent from 4.2.

One of those numbers, the implicit price deflator, is expected to be up sharply from the 1.4 percent increase recorded in the first quarter.

The deflator takes account of changes in the composition of output.

Also, the report's implicit price deflator was up 1.3 percent, showing a slow but steady inflation.

The annual percentage rise in the implicit gross domestic product deflator.

Therefore, new expenditure patterns are allowed to show up in the deflator as people respond to changing prices.

The core personal consumption expenditures deflator is estimated to have risen 0.2 percent in the month.

Another inflation measure in the report, the fixed-weight price deflator, was unchanged at 4.7 percent.

Another gauge, the implicit price deflator, remained unchanged, at 4.7 percent for the quarter, the department reported.

The implicit price deflator, which takes account of changed production patterns, fell to 2.8 percent, from 3.7 percent.

A deflator serves as a price index in which the effects of inflation are nulled.

Commerce's "implicit price deflator" rose 1.4 percent in the first quarter, the same estimate published last month.

The implicit deflator of gross domestic product is defined as:

As a deflator of other economic series.

Another inflation measure, the implicit price deflator, rose to a 4.1 percent rate, from 1.7 percent in the first quarter.

A price deflator based on outdated weights for different goods and services would distort the calculation.

So inevitably, estimates of the deflator take account only of the goods that have been around for at least a little while.

Ridicule I have found is a great deflator of pomposity and holier than though views.