Definition: Offer prices

Purchasing power parities

The prices that sellers display as the prices at which they are prepared to sell their products. The prices of products as quoted in the seller’s price list, catalogue, internet site, advertisements, etc. They are not necessarily transaction prices. Depending on the country and/or the product, they may or may not include delivery and installation costs, VAT (Value added tax) and other indirect taxes on products, discounts, surcharges and rebates, invoiced service charges and voluntary gratuities.
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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