adjusted for inflation

Definitions

Economics

  • Corrected for price changes to yield an equivalent in terms of goods and services. The adjustment divides nominal amounts for different years by price indices for those years - e.g. the CPI or the implicit price deflator - and multiplies by 100. This converts to real values, i.e. valued at the prices of the base year for the price index.
  • abbreviationinflation adjusted
    (written as Adjusted for inflation)
  • adjusted for inflation.
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