Definition: Rental equivalence

Consumer Price Index

The estimation of the imputed rents payable by owner-occupiers on the basis of the rents payable on the market for accommodation of the same type.
Source:
International Labour Organization (ILO), International Monetary Fund (IMF), Organisation for Economic Co-operation and Development (OECD), Statistical Office of the European Communities (Eurostat), United Nations (UNECE), The World Bank, Consumer Price Index Manual: Theory and Practice, Geneva, August 2004
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