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This Statistics Brief provides some background on Purchasing Power Parities (PPPs), including their construction and application, and presents the new benchmark PPPs for 2008, produced as part of the Eurostat-OECD PPP programme. It also describes some methodological changes that have been introduced since the last benchmark PPPs in 2005 regarding the measurement of health and education services.
Consumer prices in the OECD area rose by 2.1% in the year to January 2011, the same inflation rate as in December 2010.
Statistics Working Paper N. 36- 2011/1 - Every house is different. It is important that house price indexes take account of these quality differences. Hedonic methods which express house prices as a function of a vector of characteristics (such as number of bedrooms and bathrooms, land area and location) are particularly useful for this purpose.
Consumer prices in the OECD area rose by 2.1% in the year to December 2010, up from 1.8% in November. This pick-up in inflation was partly driven by higher energy prices which increased by 8.3% in the year to December, compared with 5.4% in November.
Consumer prices in the OECD area rose by 1.8% in the year to November 2010, down from 1.9% in October.
Consumer prices in the OECD area rose by 1.9% in the year to October 2010, up from 1.7% in September.
Updated continuously. Includes Purchasing power parities (PPPs) for GDP and for actual individual consumption and exchange rates (national currency per USD) from 1970 to latest available.
Consumer prices in the OECD area rose by 1.7% in the year to September 2010, up from 1.6% in August. This small pick-up in inflation mainly reflects higher food and energy prices.
Consumer prices in the OECD area rose by 1.6% in the year to August 2010, the same inflation rate as in July. Growth in energy prices slowed down to 4.8% in August compared with 6.2% in July, while consumer prices for food rose by 1.4% compared with 1.1% in July.
Consumer prices in the OECD area rose by 1.6% in the year to July 2010, up from 1.5 % in June. This small increase mainly reflected developments in energy and food prices, which increased by 6.2% and 1.1% respectively in the year to July, compared with rises of 4.7% and 0.6% in June.