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Statistics Explained

Glossary:Purchasing power consumption standard (PPCS)

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The purchasing power consumption standard, abbreviated as PPCS, is analogous to the purchasing power standard used for making meaningful volume comparisons of gross domestic product (GDP) between regions, an artificial currency unit obtained by the conversion of the income parameters of private households with specific purchasing power standards (PPS) for final consumption expenditure, resulting in purchasing power consumption standards which are comparable.

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