Producer Prices

Definition

Producer Prices reflect all costs borne by the producer, whereas purchasers’ prices reflect the amounts paid by the buyer.

The difference between the two is given in so-called valuation matrices with product-specific trade and transportation margins.

Notes

The WIOT's are in basic prices, the differences with the producer price concept in the LR-WIOT is net taxes paid by the producer).

National IOTs in producer and purchasers’ prices are separately estimated and reported. International trade flows were accordingly expressed in “free on board” (fob) prices through estimation of international trade and transport margins.

The values in WIOTs have been expressed in millions of US dollars and exchange rates were used for currency conversion of the SUTs, which originally contain values in national currencies.