Term:
Imputed price
Definition:
The price assigned to an item for which the price is missing in a particular period. The term ‘‘imputed price’’ may also refer to the price assigned to an item that is not sold on the market, such as a good or service produced for own consumption, including housing services produced by owner occupiers, or one received as payment in kind or as a free transfer from a government or non-profit institution.
Domain:
Economics & National Accounts
Source:
Consumer price index manual, 2004