Business Terms and Jargon Explained
What is Double DeflationThis is an approach to the deflation of the production measure of GDP. This involves deflating, for each industry, the total output and total intermediate consumption separately. The difference between the deflated total output and the deflated total intermediate is, by definition, the constant price GVA contribution to the production measure..
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Term created / updated 2007-01-19 00:32:17
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