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DISCOUNT

Statistics Directorate    
Definition:
A deduction from the list or advertised price of a good or a service that is available to specific customers under specific conditions.

Examples include cash discounts, prompt payment discounts, volume discounts, trade discounts and advertising discounts.

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