Purchasing power parity (PPP) is an economic concept that compares the relative value of currencies by examining the cost of ...

Any time inflation occurs (i.e., prices go up), purchasing power decreases ... needed to purchase the same necessities. Purchasing power parity (PPP) is an economic theory that posits that goods ...

A method to allow for comparison of household purchasing power across countries, adjusting for price differences. PPPs compare the purchasing power of monetary units in different countries. A PPP ...