Prices and purchasing power parities (PPP)

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  • Inflation or Consumer price Index (CPI)?

    Inflation is a rise in the general level of prices of goods and services that households acquire for the purpose of consumption in an economy over a period of time.

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  • What are PPPs?

    PPPs are the rates of currency conversion that equalize the purchasing power of different currencies by eliminating the differences in price levels between countries. In their simplest form, PPPs are simply price relatives that show the ratio of the prices in national currencies of the same good or service in different countries.

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  • Methodological Guide for Developing Producer Price Indices for Services (SPPI)

    This second edition of the SPPI Guide is a complement to the International Producer Price Index Manual published by the IMF in 2004 in two ways: it focuses on service-specific aspects in the PPI compilation by developing further the conceptual framework and it adds detailed descriptions of PPI measurement for a wide range of individual service industries.

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What's new

OECD annual inflation nudges up to 2.9% in July 2018

OECD Consumer prices
July 2018, percentage change on the same period of the previous year

04/09/2018 - Annual inflation in the OECD area increased to 2.9% in July 2018, compared with 2.8% in June. Energy prices rose by 11.1% in July, compared with 10.4% in the year to June while food price inflation was stable at 1.8%. Excluding food and energy, OECD annual inflation increased to 2.1% in July, compared with 2.0% in June 2018. 

     


 

 

 

 

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Statistical references

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