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Concept Version 7
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Real Versus Nominal Rates

Groceries

Groceries

Purchasing Power Parity evaluates and compares the prices of goods in different countries, such as groceries. PPP is then used to help determine real exchange rates.

Source

    Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:

    "Groceries at Boqueria market."
    http://commons.wikimedia.org/wiki/File:Groceries_at_Boqueria_market.JPG Wikimedia CC BY-SA.

Related Terms

  • nominal exchange rate
  • real exchange rate
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