Name: Australia GDP Deflator
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Australia,GDP Deflator,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

GDP Deflator in Australia decreased to 107.20 points in the fourth quarter of 2021 from 107.36 points in the third quarter of 2021. source: Australian Bureau of Statistics

GDP Deflator in Australia averaged 46.48 points from 1959 until 2021, reaching an all time high of 107.36 points in the third quarter of 2021 and a record low of 5.93 points in the third quarter of 1959. This page provides - Australia GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia GDP Deflator - data, historical chart, forecasts and calendar of releases - was last updated on May of 2022.

GDP Deflator in Australia is expected to be 111.24 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia GDP Deflator is projected to trend around 114.49 points in 2023 and 117.36 points in 2024, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Inflation Rate	5.10	3.50	percent	Mar 2022
Inflation Rate Mom	2.10	1.30	percent	Mar 2022
Consumer Price Index CPI	123.90	121.30	points	Mar 2022
Core Inflation Rate	3.70	2.60	percent	Mar 2022
Core Consumer Prices	122.75	121.10	points	Mar 2022
GDP Deflator	107.20	107.36	points	Dec 2021
Producer Prices	118.30	116.40	points	Mar 2022
Producer Prices Change	4.90	3.70	percent	Mar 2022
Export Prices	178.00	150.90	points	Mar 2022
Import Prices	126.60	120.50	points	Mar 2022
Food Inflation	4.30	1.90	percent	Mar 2022
CPI Transportation	121.50	116.60	points	Mar 2022
CPI Housing Utilities	129.00	125.60	points	Mar 2022

Australia GDP Deflator

In Australia, implicit price deflator (IPD) is obtained by dividing a current price value by its real counterpart (the chain volume measure). When calculated from the major national accounting aggregates, such as gross domestic product, IPDs relate to a broader range of goods and services in the economy than that represented by any of the individual price indexes published by the Australian Bureau of Statistics. Movements in an implicit price deflator reflect both changes in price and changes in the composition of the aggregate for which the deflator is calculated.