GDP Deflator
GDP deflator
This is a coefficient used to modify the GDP value in accordance with current prices in order to aquire a value relative to the prices in a 'base' year (the year which GDP is considered to be the base one in the corresponding country). The GDP deflator is a good indicator of inflation. It is released together with the GDP final and has a strong influence over the Forex market. When major discount rates rise together with theGDP deflator the national currency exchange rate rises too.
