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 ...

Minimum wages rose faster than inflation in most EU member states and candidate countries, leading to real wage growth across ...

Teacher salaries, when adjusted for inflation, have declined in many European countries in recent years. Euronews Business looks at these trends over time. View on euronews ...

Purchasing power is the value of a currency in real terms—based on the goods and services each unit can be exchanged for. Remember when you could buy two Mcdonald's Big Macs with a $5 bill in 2000?

High inflation and limited workforce mobility have caused Czech salaries to drop 10 percent in real terms over the past five ...