Definition: Price relative

Category: Producer price indices

Product surveyed within the business enterprise for which a micro index has been estimated. The micro index is made up of one of several price quotations for similar services. 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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