What does PPP mean?
A measurement of prices in different countries that uses the prices of specific goods to compare the absolute purchasing power of the countries' currencies.
According to purchasing power parity, exchange rates should adjust to equalize the price of a basket of goods across different countries.
PPP in German, French, Spanish and Italian
GermanKaufkraftparität
also KKP
Theorie über das Gleichgewicht von Wechselkursen durch Preisniveau-Angleichung.
FrenchParité de pouvoir d'achat
also PPA
Taux de conversion monétaire qui égalise le pouvoir d'achat des différentes devises.
SpanishParidad de poder adquisitivo
also PPA
Indicador económico para comparar el nivel de vida entre distintos países.
ItalianParità dei poteri d'acquisto
also PPA
Rapporto tra i poteri d'acquisto di diverse valute rispetto a un paniere di beni.
Synonyms and opposites for PPP
- Synonym Real exchange rate theory