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DIRECT PRICE COMPARISON

Statistics Directorate    
Definition:
A price comparison between two or more countries that is made by comparing the prices for a representative sample of comparable products. PPPs are generally derived from direct price comparisons.

Context:
Also referred to as the “price approach”.

Source Publication:
Eurostat, OECD, 2007, Eurostat-OECD Methodological Manual on Purchasing Power Parities, OECD, Paris – Annex VII, Glossary of terms and abbreviations.

Cross References:
Direct volume comparison

Statistical Theme: Prices and purchasing power partities

Created on Thursday, February 06, 2003

Last updated on Thursday, July 12, 2007