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Definition: Reference price is also known as competitive pricing, because here the product is sold just below the price of a competitor’s product. Reference price is the cost at which a manufacturer ...

However, the global pool of oil and the ease with which oil moves around the world levels some of these price pressures, and no one oil producer to completely dominate the world market. From time to ...

Individual contributions may not sum to the total because of rounding. More information on the contents of each division can be found in Table 3 in our accompanying Consumer price inflation dataset.