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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 slowed marginally to 2.2% in February 2020 but provisional data for March show a significant further slowdown in the Euro area, in the wake of the Covid-19 pandemic

OECD Consumer prices
February 2020, percentage change on the same period of the previous year

OECD annual inflation slowed marginally to 2.2% in February 2020

02/04/2020 - Prior to the widespread outbreak of Covid-19 among most OECD economies, annual inflation in the OECD area slowed to 2.2 % in February 2020, compared with 2.3% in January, as energy prices slowed to 2.2% in February compared with 4.7% in January.


 

Behind the numbers

Statistical references

More on methodology

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