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VALUES AT CURRENT INTERNATIONAL PRICES (AT CURRENT PPPS)

Statistics Directorate    
Definition:
Values at current international prices (at current PPPs) are series at current domestic prices converted to a common currency by way of current PPPs. Because PPPs are price relatives of goods and services, this implies substituting the set of domestic prices by a set of international prices.

Source Publication:
Statistical Series for the Euro Area - Conclusions and Recommendations of the OECD ASTF Euro Subgroup, 15 May 2001.

Statistical Theme: Prices and purchasing power partities

Created on Tuesday, September 25, 2001

Last updated on Monday, November 19, 2001