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

The IMF, one of these institutions, publishes many of its statistics—such as real GDP growth, inflation ... (using either the rate at the end of the period or an average over the period). The other ...

Purchasing power is ... 0.75), assuming absolute purchasing power parity. It’s important to note that actual currency exchange rates are not informed by relative purchasing power—exchange ...