Terms used in official statistics

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Deflator


Definition:
The indicator of the purchase cost of goods and final services included in the gross domestic product in a given year, in relation to the purchase cost of the same items in the year used as a baseline; it is a measure of inflation or deflation in a period being surveyed. It used to convert values of commodities and services in the given period in order to determine their real value.

Contact person on methodology:
GUS – Departament Handlu i Usług
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