Australian Bureau of Statistics
1352.0.55.081 - Research Paper: Searching for Coherence between Spatial and Temporal Measures of Price Change (Methodology Advisory Committee), Nov 2006
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 11/04/2007 First Issue
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Estimates of Purchasing Power Parity (PPP) provide the key to making meaningful comparisons of prices and incomes between countries. However, the rigorous data requirements and international coordination effort underlying their computation impose restrictions on the frequency of PPP benchmark programmes and the timeliness of published results. Consequently it has been common practice for international statistical agencies in the PPP programme to synthesise annual estimates by interpolating and projecting PPP benchmark data, using estimates of annual price change and real growth from the time-series system of national accounts of member countries.
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This page last updated 16 April 2007