Purchasing power parity (PPP) is an economic concept that compares the relative value of currencies by examining the cost of ...

Purchasing power parity is an economic theory that compares the currencies of different countries using a combination (basket) of goods and services purchased by consumers. There are two types of ...

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 ...