Gross Domestic Product Deflator for Japan
Annual, Not Seasonally Adjusted
NGDPDIXJPA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110.45
Year-over-Year Change
13.13%
Date Range
1/1/1994 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' economic trend measures the gross domestic product (GDP) deflator, which tracks changes in the overall price level of goods and services produced in the United States. This metric is crucial for understanding real economic growth and assessing the country's inflationary pressures.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The GDP deflator is a comprehensive measure of inflation that captures price changes across the entire economy. It is used to adjust nominal GDP figures for inflation, allowing for more accurate analysis of real economic output and performance over time.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using prices of a fixed basket of goods and services.
Historical Context
The GDP deflator is a key economic indicator monitored by policymakers, analysts, and investors for insights into broader price trends and the state of the macroeconomy.
Key Facts
- The GDP deflator tracks changes in the prices of all goods and services produced in the U.S.
- It is a broader measure of inflation than the Consumer Price Index (CPI).
- The GDP deflator is used to adjust nominal GDP for inflation, revealing real economic growth.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' trend measures the GDP deflator, which tracks changes in the overall price level of goods and services produced in the United States.
Q: Why is this trend relevant for users or analysts?
A: The GDP deflator is a crucial metric for understanding real economic growth and assessing inflationary pressures in the broader economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using prices of a fixed basket of goods and services.
Q: How is this trend used in economic policy?
A: The GDP deflator is closely monitored by policymakers, analysts, and investors for insights into broader price trends and the state of the macroeconomy.
Q: Are there update delays or limitations?
A: The GDP deflator data is published regularly by the U.S. Bureau of Economic Analysis with minimal delays, providing timely insights into the nation's economic performance.
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Citation
U.S. Federal Reserve, Gross Domestic Product: Implicit Price Deflator (NGDPDIXJPA), retrieved from FRED.