Glossary entry (derived from question below)
French term or phrase:
Euros courants
English translation:
current Euros
Added to glossary by
Nowicki (X)
Oct 17, 2005 15:26
18 yrs ago
4 viewers *
French term
Euros courants
French to English
Bus/Financial
Other
CA en millions d'euro courants
as opposed to euro constants
as opposed to euro constants
Proposed translations
(English)
5 +1 | in current Euros | Jane Lamb-Ruiz (X) |
Proposed translations
+1
4 mins
Selected
in current Euros
versus constant Euros
basic idea in economics: constant versus current value of prices or forex
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Note added at 7 mins (2005-10-17 15:34:11 GMT)
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Here's an explanation of this for Prices: constant means some year or point in the past is used as a Base. And everything is calculated to that base line value.
Constant prices refer to volume measures whose values are derived prices by applying to current quantities, prices pertaining to a specific base period. They allow figures to be represented so that the effects of inflation are removed (see deflator). The values for each time period are expressed in terms of the prices in some base period (e.g. National Accounts currently show constant price data at 1995 prices.)
Current prices are the actual or estimated recorded monetary value over a defined period for a group of industries or products. They show the value for each item expressed in terms of the prices of that period.
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Note added at 8 mins (2005-10-17 15:35:03 GMT)
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The explanation for prices above is basically the same thing applied to exchange rate values used in economic analysis.
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Note added at 8 mins (2005-10-17 15:35:24 GMT)
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No problem. Glad to be of assistance.
basic idea in economics: constant versus current value of prices or forex
--------------------------------------------------
Note added at 7 mins (2005-10-17 15:34:11 GMT)
--------------------------------------------------
Here's an explanation of this for Prices: constant means some year or point in the past is used as a Base. And everything is calculated to that base line value.
Constant prices refer to volume measures whose values are derived prices by applying to current quantities, prices pertaining to a specific base period. They allow figures to be represented so that the effects of inflation are removed (see deflator). The values for each time period are expressed in terms of the prices in some base period (e.g. National Accounts currently show constant price data at 1995 prices.)
Current prices are the actual or estimated recorded monetary value over a defined period for a group of industries or products. They show the value for each item expressed in terms of the prices of that period.
--------------------------------------------------
Note added at 8 mins (2005-10-17 15:35:03 GMT)
--------------------------------------------------
The explanation for prices above is basically the same thing applied to exchange rate values used in economic analysis.
--------------------------------------------------
Note added at 8 mins (2005-10-17 15:35:24 GMT)
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No problem. Glad to be of assistance.
Note from asker:
Thank you Jane. I just wasn't sure. |
4 KudoZ points awarded for this answer.
Comment: "Thank you and do forgive the delay in closing this question"
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