Purchasing power parity (PPP) is an economic concept that compares the relative value of currencies by examining the cost of identical goods and services across different countries. It helps determine ...

The economic theory of PPP is commonly used to compare the economic health of countries across the world. We take a look at the different types of purchasing power parity and how the theory applies to ...

What is purchasing power parity? Purchasing power parity (PPP) is an economic theory of exchange rate determination. It states that the price levels between two countries should be equal. This means ...