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

Rising energy prices continue to push OECD annual inflation upwards

 Consumer prices,
February 2017, percentage change on the same month of the previous year

04/04/2017 - Annual inflation in the OECD area further increased to 2.5% in February 2017, compared with 2.3% in January 2017. This rise was driven by energy prices which increased by 11.1% in the year to February, compared with 8.5% in the year to January. Food price inflation also picked up (to 0.6%, compared with 0.4% in the year to January).   


 

Behind the numbers

Statistical references

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