Definition: Reference PPPs

Category: Purchasing power parities

PPPs (Purchasing power parities) that are use for basic headings for which no prices are collected. They are based on prices collected for other basic headings. Reference PPPs serve as proxies for the missing PPPs (2012 Methodological manual on purchasing power parities) .

PPPs that are used for basic headings for which no prices are collected. They are based on prices collected for other basic headings. Reference PPPs serve as proxies for the PPPs that would have been calculated had prices been collected for the basic headings for which no prices were collected (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