Definition: Consumption segment by purpose

Category: Harmonised indices of consumer prices

A "consumption segment by purpose" or "consumption segment" means a set of transactions relating to product-offers which, on the grounds of common properties, are deemed to serve a common purpose, in the sense that they:

- are marketed for predominant use in similar situations,
- can largely be described by a common specification,
and
- may be considered by consumers as equivalent http://eur-lex.europa.eu/LexUriServ/site/en/oj/2007/l_296/l_29620071115en00220026.pdf
Source:
European Union, Commission regulation (EC) No 1334/2007 of 14 November 2007 amending Regulation (EC) No 1749/96 on initial implementing measures for Council Regulation (EC) No 2494/95 concerning harmonised indices of consumer prices
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