State Street: Expands PriceStats Offering with Additional Indicators
- State Street Corporation the world’s leading provider of financial services to institutional investors including investment servicing
- Announced an expansion in coverage of State Street PriceStats Purchasing Power Parity (PPP) Indicators
- Measure real exchange rates (RERs) for targeted economies with respect to the United States and also for select countries
- The expansion in coverage also adds seven new series to the existing eight, bringing the total number of PPP series to 15
- State Street PriceStats PPP Indicators also use online prices to compute the relative cost of a basket of identical goods in each country versus the US and/or Germany
- The expansion of the PriceStats PPP indicators offers investors a greater insight into the relative competitiveness of European Economies
