Long abstract

About Statistics Publications & Documents Information by Country

Source: OECD Main Economic Indicators (updated monthly) - Monthly comparative price levels are defined as the ratios of PPPs for private final consumption expenditure to exchange rates. The table is to be read vertically. Each column shows the number of specified monetary units needed in each of the countries listed to buy the same representative basket of consumer goods and services. In each case the representative basket costs a hundred units in the country whose currency is specified.

The monthly PPPs used to derive the table are obtained by extrapolating the 2002 PPPs for private final consumption expenditure using the relative rates of inflation between the countries as measured by their consumer price indices. Unless a country is a high inflation country, its PPP will tend to change slowly over time. Month-to-month changes in comparative price levels are more likely to be the result of exchange rate fluctuations.