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| Definition | : | Implicit Price Deflator |
| Category | : | Business » Business Terms |
| Country/ Region |
: | Worldwide
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| Popularity | : |
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| Type | : |
Initialism
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Implicit Price Deflator (IPD is the ratio of the value of goods and services an economy produces in a particular year at current prices to that at prices prevailing during any other reference (base) year. IPD is used as a measure of inflation.
The full form of IPD is Implicit Price Deflator
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