The PPP Series measure real exchange rates (RERs) for targeted economies with respect to the US.
Using online prices, we compute the relative cost of a basket of identical goods in each country versus the US and signal RER deviations from PPP (Purchasing Power Parity) or RER historic averages.
Our RERs use a common basket of ~250 product categories matched across countries including food, electronics and fuel, avoiding biases typically found in single-item calculations or methodologies based on CPIs.
Our series are updated daily and released at the beginning of the following month.
The PPP Series includes: charts on real exchange rates (RER); relative prices (RP); overvaluation under PPP or RER historic averages; and expected nominal exchange rates under PPP or RER historic averages (examples on the right).
PriceStats distributes the PPP series through State Street, as part of our exclusive partnership.
We have made the series available on our website with a 1-month lag in order to facilitate access to those who aren’t traditional clients of State Street. Please contact us for access to more recent data.
Helpful LinksSeries in the PPP Portfolio