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CONTRACT PRICE

Statistics Directorate    
Definition:
A general term referring to a written sales instrument that specifies both the price and shipment terms.

Context:
A contract may include arrangements for a single shipment or multiple shipments. Usually it covers a period of time in excess of one month. Contracts are often unique in that all the price-determining characteristics in one contract are not repeated exactly in any other contract.

Source Publication:
ILO, IMF, OECD, Eurostat, UNECE, World Bank, 2004, Producer Price Index Manual: Theory and Practice, International Monetary Fund, Washington DC.

Hyperlink:
http://www.imf.org/external/np/sta/tegppi/index.htm

Statistical Theme: Prices and purchasing power partities

Created on Monday, February 17, 2003

Last updated on Friday, July 08, 2005