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deflator

 

Definitions from WordNet

Noun deflator has 1 sense
  1. deflator - a statistical factor designed to remove the effect of inflation; inflation adjusted variables are in constant dollars
    --1 is a kind of
    factor
    Derived form: verb deflate3

Definitions from the Web

Deflator

Description

A deflator refers to a device, measure, or economic indicator used to adjust nominal values for inflation, thereby revealing the real value of a quantity or comparison over time. It removes the effect of inflation from economic and financial data.

In a different context, a deflator can also be a tool or technique used to deflate or remove air or gas from a specific object or container.

Examples

As an economic indicator:

Noun: The deflator showed that the country's GDP had actually decreased when adjusted for inflation.

Noun: According to the consumer price deflator, the cost of living rose by 2.5% last year.

As a device for removing air/gas:

Noun: The bicycle tire deflator helped me quickly release air and adjust the pressure.

Noun: The air mattress came with a built-in deflator for easy folding and storage.

Verb: She carefully deflated the balloon using a small deflator tool.

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