The US GDP implicit price deflator increased at an annualized rate of 6.3% in the second quarter of 2026, accelerating from 3.6% in the previous quarter and well above market expectations of 3.6%, according to the advance estimate. source: U.S. Bureau of Economic Analysis

GDP Deflator in the United States averaged 54.28 points from 1947 until 2026, reaching an all time high of 133.81 points in the second quarter of 2026 and a record low of 11.14 points in the first quarter of 1947. This page provides the latest reported value for - United States GDP Deflator - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States GDP Deflator - data, historical chart, forecasts and calendar of releases - was last updated on July of 2026.

GDP Deflator in the United States is expected to be 134.22 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States GDP Deflator is projected to trend around 138.58 points in 2027 and 142.04 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-25 12:30 PM
GDP Price Index QoQ Final
Q1 3.6% 3.6% 3.5% 3.5%
2026-07-30 12:30 PM
GDP Price Index QoQ Adv
Q2 6.3% 3.6% 3.6% 3.7%


Related Last Previous Unit Reference
Core PCE Price Index 130.27 130.09 points Jun 2026
Core PCE Price Index YoY 3.30 3.40 percent Jun 2026
Core PCE Price Index MoM 0.10 0.30 percent Jun 2026
Core PCE Prices QoQ 3.40 4.40 percent Jun 2026
GDP Price Index 133.81 131.78 points Jun 2026
PCE Price Index 131.39 131.54 points Jun 2026
PCE Price Index YoY 3.70 4.10 percent Jun 2026
PCE Price Index MoM -0.10 0.50 percent Jun 2026
PCE Prices QoQ 5.10 4.60 percent Jun 2026


United States GDP Deflator
The GDP Deflator measures the change in prices of final goods and services and it is considered as a key indicator for inflationary pressures, that provides insight into the future direction of monetary policy.
Actual Previous Highest Lowest Dates Unit Frequency
133.81 131.78 133.81 11.14 1947 - 2026 points Quarterly
2017=100, SA