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COMMODITIES

Statistics Directorate    
Definition:
Commodities are goods and services normally intended for sale on the market at a price that is designed to cover their cost of production.

Includes all goods and services produced by industries, all imported goods and services except direct purchases abroad by government and households, and that part of the gross output of producers of government services and a private non- profit services to households which is sold on the conditions, characteristic of sales of commodities.

Source Publication:
The OECD Economic Outlook: Sources and Methods.

Cross References:
Commodity linked bonds
Commodity linked derivatives
Products

Hyperlink:
http://www.oecd.org/eco/outlook/sources-and-methods.htm

Statistical Theme: Methodological information (metadata)

Created on Tuesday, September 25, 2001

Last updated on Friday, March 28, 2014