NPISH final consumption Sample Clauses

NPISH final consumption. The final consumption expenditure of the NPISH sector at current prices is estimated on the basis of total output value (the sum of intermediate consumption, compensation of employees, consumption of fixed capital and other taxes on production) from which market output, output for own final use, research and development produced for own final use, own-account software and income in kind are subtracted, and final consumption expenditure is received. The sources for the final consumption estimations of NPISH are the same as for the production approach. The figures of sales of goods and services are derived on the basis of the data from the latest available survey of non-profit institutions using output and product structures and development trends. Final consumption expenditure at previous year’s prices (PYP) is derived as the difference of NPISH output at previous year’s prices and PYP values of market output, output for own final use, research and development produced for own final use, own-account software and income in kind. The market output figures are deflated by products using consumer price indices and producer price indices for services. In the case of NPISH, the main part of the sales of services consists of sporting services, adult education services, social welfare services and renting.
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