Gross domestic product (GDP) price index

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BEA Economic Analysis GlossaryDownload this dictionary
Gross domestic product (GDP) price index
 Measures the prices paid for goods and services produced by the U.S. economy and is derived from the prices of personal consumption expenditures (PCE)gross private domestic investmentnet exports of goods and services, and government consumption expenditures and gross investment. It differs from the gross domestic purchases price index in that it ignores price changes in imports of goods and services and includes price changes in exports of goods and services.

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