July 30, 2026

There are many different deflators that are available.  This one is for gross domestic purchases which measures prices paid by U.S. residents.  It is the one measure of inflation that the Commerce Department talks about when it releases the GDP report.   It is our broadest measure of inflation and contains more than 5,000 goods and services.

The gross domestic purchases deflator rose 5.7% in the third quarter after climbing 3.6% in the first quarter.  During the past year this measure of inflation has risen 4.1%.

Stephen Slifer

NumberNomics

Charleston, SC