As a broad measure of the overall change in prices in the economy, the GDP deflator4 increased by 1.0% in 2025, a deceleration from the increase of 4.2% in the preceding year. The terms of trade() turned to a mild decline of 0.3% in 2025, after increasing by 0.7% in the preceding year. Taking out the external trade components, the domestic demand deflator rose by 1.5% in 2025. a deceleration from the 2.8% increase in the preceding year.
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