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 edges up to 0.9% in August 2016

Consumer prices
August 2016, % change on the same month of previous year

04/10/2016 - Annual inflation in the OECD area rose to 0.9% in August 2016, compared with 0.8% in July. In the year to August, energy prices fell at a slower pace (-6.7%) than in the year to July 2016 (-7.8%), while food prices fell by -0.2% in August, compared with a rise of 0.1% in July. Excluding food and energy, annual inflation was stable at 1.8% in August 2016.



Behind the numbers

Statistical references

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