Definition: Quality adjustment

Producer price indices

The process - or the result of the process - of estimating what the market price of a replacement product would be if it had the characteristics of the product it replaces and with whose price its price is to be compared.

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

Created:
2015-07-30

Updated:
2019-05-10