The GDP price deflator is a gauge of inflation that computes changes in the prices of goods and services that are made in the U.S., including exports. The gross domestic product (GDP) price ...

In the second quarter of FY24, the deflator was lower than 1; and in Q1FY25, it was close to 2. Kunal Kundu, India economist, Societe Generale, said: “The sharply lower real GDP print is because ...