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Topical Terminology > Adjusted For Inflation



1 Definition

Adjusted For Inflation

For Adjusted For Inflation we have a term and definition in International Economics.



Adjusted For Inflation (International 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.




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