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.

133.85

Index 2017=100

Updated 2026-04-01 · quarterly Increasing

Gross Domestic Product: Implicit Price Deflator — latest reading: 133.85. As of April 2026, it is up 9.8% 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

133.85

Average

54.28

10Y Percentile

100%

3M Change

+3.4%

Apr 2026 · 133.86 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 →

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 2026133.805133.855+0.05
Jan 2026131.776131.783+0.007
Oct 2025130.6130.624+0.024
Jul 2025129.428129.43+0.002
Apr 2025128.059128.248+0.189
Jan 2025127.423127.577+0.154
Oct 2024126.219126.45+0.231
Jul 2024125.501125.696+0.195
Apr 2024124.916125.167+0.251
Jan 2024124.224124.374+0.15
Oct 2023123.226123.405+0.179
Jul 2023122.817122.914+0.097

Gross Domestic Product: Implicit Price Deflator for April 2026 first printed at 133.805 on July 30, 2026, was revised once, and now reads up to 133.855. Recompute any row from FRED's own vintage archive.

Macro Regime Context

The inflation regime is currently stable (88% confidence).

See what this means across all four regime dimensions →

3-Month

+3.4%

6-Month

+5.9%

12-Month

+9.8%

What this means

Gross Domestic Product: Implicit Price Deflator is currently at 133.85 , which is well above its 10-year historical average. The trend is increasing (+3.4% over the past 3 months).

Over the past 6 months the change is +5.9%, and over 12 months it is +9.8%. 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).