Definition: Individual consumption expenditure by NPISHs

Purchasing power parities

The actual and imputed final consumption expenditure incurred by NPISHs (Non-profit institutions serving households) on individual goods and services. In practice, most final consumption expenditures of NPISHs are individual in nature and so, for simplicity, all final consumption expenditures of NPISHs are treated by convention as individual.
Source:
Eurostat, Organization for Economic Cooperation and Development (OECD), "Eurostat-OECD Methodological Manual on Purchasing Power Parities", Publications Office of the European Union, Luxembourg, 2012
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