The US Implicit Price Deflator for GDP increased at an annualized rate of 3.7% in the fourth quarter of 2025, following a 3.7% rise in the previous quarter. GDP Deflator in the United States averaged 53.78 points from 1947 until 2025, reaching an all time high of 130.62 points in the fourth quarter of 2025 and a record low of 11.14 points in the first quarter of 1947. source: U.S. Bureau of Economic Analysis

GDP Deflator in the United States is expected to be 132.74 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States GDP Deflator is projected to trend around 137.64 points in 2027 and 140.80 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-13 12:30 PM
GDP Price Index QoQ 2nd Est
Q4 3.8% 3.7% 3.7% 3.7%
2026-04-09 12:30 PM
GDP Price Index QoQ Final
Q4 3.7% 3.7% 3.8% 3.8%


Related Last Previous Unit Reference
Core PCE Price Index 128.86 128.39 points Feb 2026
Core PCE Price Index YoY 3.00 3.10 percent Feb 2026
Core PCE Price Index MoM 0.40 0.40 percent Feb 2026
Core PCE Prices QoQ 2.70 2.90 percent Dec 2025
GDP Price Index 130.62 129.43 points Dec 2025
PCE Price Index 129.45 128.97 points Feb 2026
PCE Price Index YoY 2.80 2.80 percent Feb 2026
PCE Price Index MoM 0.40 0.30 percent Feb 2026
PCE Prices QoQ 2.90 2.80 percent Dec 2025


United States GDP Deflator
The GDP Deflator measures the change in prices of final goods and services and it is considered as a key indicator for inflationary pressures, that provides insight into the future direction of monetary policy.
Actual Previous Highest Lowest Dates Unit Frequency
130.62 129.43 130.62 11.14 1947 - 2025 points Quarterly
2017=100, SA