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 increased to 114.30 points in the second quarter of 2022 from 110.60 points in the first quarter of 2022. source: Australian Bureau of Statistics

GDP Deflator in Australia averaged 47 points from 1959 until 2022, reaching an all time high of 114.30 points in the second quarter of 2022 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 September of 2022.

GDP Deflator in Australia is expected to be 114.06 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 119.42 points in 2023 and 122.40 points in 2024, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Inflation Rate	6.10	5.10	percent	Jun 2022
Inflation Rate MoM	1.80	2.10	percent	Jun 2022
Consumer Price Index CPI	126.10	123.90	points	Jun 2022
Core Inflation Rate	4.90	3.70	percent	Jun 2022
Core Consumer Prices	124.51	122.72	points	Jun 2022
GDP Deflator	114.30	110.60	points	Jun 2022
Producer Prices	120.00	118.30	points	Jun 2022
Producer Prices Change	5.60	4.90	percent	Jun 2022
Export Prices	190.40	173.00	points	Jun 2022
Import Prices	132.00	126.60	points	Jun 2022
Food Inflation	5.90	4.30	percent	Jun 2022
CPI Transportation	124.30	121.50	points	Jun 2022
CPI Housing Utilities	132.20	129.00	points	Jun 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.