Definition: Final consumption expenditure

Category: Purchasing power parities

The expenditure on goods and services consumed by individual households or the community to satisfy their individual or collective needs or wants. http://ec.europa.eu/eurostat/product?code=KS-RA-12-023&mode=view
Source:
Eurostat, Organization for Economic Cooperation and Development (OECD), "Eurostat-OECD Methodological Manual on Purchasing Power Parities", Publications Office of the European Union, Luxembourg, 2012
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