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Definition: Recurrent losses (from inventories)
Category: SNA 1993
Recurrent losses (from inventories) are those losses incurred on goods held in inventories due to normal rates of wastage, theft and accidental damage, which reduce the value of the total change in inventories, and hence output. http://ec.europa.eu/eurostat/ramon/statmanuals/files/SNA_1993_EN.pdf
Source:
United Nations, "System of National Accounts (SNA) 1993", § 6.62, United Nations, New York, 1993
United Nations, "System of National Accounts (SNA) 1993", § 6.62, United Nations, New York, 1993
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