Definition: National annual price

Category: Purchasing power parities

A price that has been averaged both over all localities of a country so as to take account of regional variations in prices and over the whole of the reference year so as to allow for seasonal variations in prices as well as general inflation and changes in price structures (2012 Methodological manual on purchasing power parities).

A price that has been averaged both over all localities of a country so as to take account of regional variations in prices and over the days, weeks, months or quarters of the reference year so as to allow for seasonal variations in prices as well as general inflation and changes in price structures (2005 Methodological manual on purchasing power parities). http://ec.europa.eu/eurostat/product?code=KS-RA-12-023&mode=view Eurostat and Organization for Economic Cooperation and Development (OECD), "Eurostat - OECD Methodological manual on purchasing power parities (2005 Edition)", Methods and Nomenclatures, Office for Official Publications of the European Communities, Luxembourg, 2006European Union, Regulation (EC) No 1445/2007 establishing rules for the provision of basic information on PPPs, Official Journal of the European Union No L 336, 20.12.2007, p. 1 - 24