Gross Domestic Product: Implicit Price Deflator

The price index for all goods and services in US GDP. It is broader than a consumer price index and covers domestic output.

133.41

Index 2017=100

Updated 2026-04-01 · quarterly↑ Increasing

Gross Domestic Product: Implicit Price Deflator — latest reading: 133.41. As of April 2026, it is up 9.4% over the past 12 months, well above its 10-year average. Source: GDPDEF, US Bureau of Economic Analysis, published quarterly. Reported as published, without transformation; the publisher may revise it. Higher than every one of the other 317 readings since 1947-01-01.

Min

11.14

Max

133.41

Average

54.28

10Y Percentile

100%

3M Change

+3.2%

Apr 2026 · 133.41 Index 2017=100
NBER recession periods

Gross Domestic Product: Implicit Price Deflator (GDPDEF) — 318 observations from 1947-01-01 to 2026-04-01. Source: FRED, Federal Reserve Bank of St. Louis. Red shading indicates NBER recession periods.

Compare Gross Domestic Product: Implicit Price Deflator with other indicators →

Next scheduled release: Thu, Oct 29 (Gross Domestic Product, per the FRED release calendar — scheduled dates can move).

How these numbers changed

Every figure above is the current one. These are the same periods as first published — what Gross Domestic Product: Implicit Price Deflator said on the day, before it was restated. Measured in Index 2017=100.

PeriodFirst printNowChangeRepublished
Apr 2026133.805133.411-0.3942×
Jan 2026131.776131.44-0.3363×
Oct 2025130.6130.412-0.1883×
Jul 2025129.428129.31-0.1182×
Apr 2025128.059128.243+0.1843×
Jan 2025127.423127.576+0.1534×
Oct 2024126.219126.596+0.3774×
Jul 2024125.501125.813+0.3124×
Apr 2024124.916125.355+0.4394×
Jan 2024124.224124.56+0.3365×
Oct 2023123.226123.579+0.3535×
Jul 2023122.817122.933+0.1165×

Gross Domestic Product: Implicit Price Deflator for April 2026 first printed at 133.805 on July 30, 2026, was revised 2 times, and now reads down to 133.411. Recompute any row from FRED's own vintage archive.

Macro Regime Context

The inflation regime is currently stable (51% confidence).

See what this means across all four regime dimensions →

3-Month

+3.2%

6-Month

+5.4%

12-Month

+9.4%

What this means

Gross Domestic Product: Implicit Price Deflator is currently at 133.41 , which is well above its 10-year historical average. The trend is increasing (+3.2% over the past 3 months).

Over the past 6 months the change is +5.4%, and over 12 months it is +9.4%. The short-term pace is consistent with the longer trend.

Cite this page

MacroRadar, "Gross Domestic Product: Implicit Price Deflator," https://www.macroradar.io/gross-domestic-product-implicit-price-deflator (as of April 2026).