Provisions of services relating to the Collection of Key Prices statistics for Purchasing Power Parities Construction

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. PPPs are also calculated for product groups and for each of the various levels of aggregation up to and including GDP. The objective of Eurostat and OECD comparisons of construction prices...