Using GDP #deflator - a measure of economy-wide prices - #China is already in #deflation ... #IMF defines #deflation as “a sustained decline in an aggregate measure of prices,” such as CPI or the GDP deflator, chart @YahooFinance https://tinyurl.com/mr8da94y

@BertieFigueres
While #inflation measures the change in prices over time (based on a particular consumer basket), the #deflator provides a measure of the overall price level relative to a base year or period.

#China - GDP #deflator is calculated by dividing #nom GDP by #real GDP (which is the GDP adjusted for inflation) and then multiplying the result by 100. It serves as an indicator of #inflation or #deflation within an economy, chart @BloombergTV

( humongous #profits and euro area #inflation ) The contribution from #UnitProfits has been particularly large over the last 3 Qs, accounting for roughly 60% of total growth in the GDP #deflator - chart @ECB https://shorturl.at/vzD34

Uh-oh! Looks like this is working.

Now, the #TampaBay #One-Eye-Pirates are just 17 points down. With a whole big-ass 120 (one hundred and twentytyty) seconds still left.

Let's get this, #Deflator!!!