Definition: Direct use of prices of repeated services

Category: Producer price indices

Pricing method that represents the ideal of using real transaction prices or, less preferably, list prices, of the same service product in successive survey periods. http://ec.europa.eu/eurostat/product?code=KS-04-14-661&mode=view
Source:
Eurostat, Organization for Economic Cooperation and Development (OECD), "Eurostat-OECD Methodological Guide for Developing Producer Price Indices for Services (Second Edition)", Luxembourg, Paris, 2014
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