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What is the background to the Joint OECD-Eurostat PPP Programme?

April 26, 2017background Joint PPP Programme

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What is the background to the Joint OECD-Eurostat PPP Programme?

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The Eurostat PPP Programme commenced in the 1960s to compare the relative price and GDP volume levels within the (then) European Economic Community. In the early 1980s, the Joint OECD-Eurostat PPP Programme was established to provide internationally comparable price and volume measures of GDP and its component expenditures for all the Member Countries of the OECD. Having a joint programme enabled the extent of duplication between the data requests from Eurostat and the ECD to be minimised.