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Glossary of the 1993 SNA - Definition of Term

TermPrice relative
DefinitionA price relative is the ratio of the price of a specific product in one period to the price of the same product in some other period; in PPP comparisons a price relative refers to the ratios of the same product in two countries.
Paragraphs16.15.;16.81.
 
It is acknowledged that this glossary uses descriptions of the OECD glossary of statistical terms, the Glossary of the System of National Accounts 1993 and the UN classifications registry.
 
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