How do I read the MEI table – Comparative Price Levels?
Monthly comparative price levels are defined as the ratios of PPPs for private final consumption expenditure to exchange rates. The monthly PPPs used to derive the table are OECD estimates. The table is to be read vertically. Each column shows the number of specified monetary units needed in each of the countries listed to buy the same representative basket of consumer goods and services. In each case the representative basket costs a hundred units in the country whose currency is specified.
