This site uses cookies. Some of these cookies are essential to the operation of the site, while others help to improve your experience by providing insights into how the site is being used. For more information, please see the ProZ.com privacy policy.
Cookie settings
Jamón cocido extra.
Se me tenga ofreciendo
Dec 17, 2021 10:56
2 yrs ago
40 viewers *
Spanish term

a precios constantes

Spanish to English Social Sciences Social Science, Sociology, Ethics, etc. survey
Pais xxx destaca por seguir teniendo el menor gasto por habitante en prestaciones monetarias de la Unión Europea (xxx€ por habitante a precios constantes de 2010).

I am guessing that this is some kind of figure that is adjusted for inflation, but I might be wrong, and I can't quite put my finger on it.

TIA
Proposed translations (English)
4 +5 at constant prices
4 At nominal 2010 prices
3 -1 at amounts that remain constant for the year 2010
Votes to reclassify question as PRO/non-PRO:

Non-PRO (1): philgoddard

When entering new questions, KudoZ askers are given an opportunity* to classify the difficulty of their questions as 'easy' or 'pro'. If you feel a question marked 'easy' should actually be marked 'pro', and if you have earned more than 20 KudoZ points, you can click the "Vote PRO" button to recommend that change.

How to tell the difference between "easy" and "pro" questions:

An easy question is one that any bilingual person would be able to answer correctly. (Or in the case of monolingual questions, an easy question is one that any native speaker of the language would be able to answer correctly.)

A pro question is anything else... in other words, any question that requires knowledge or skills that are specialized (even slightly).

Another way to think of the difficulty levels is this: an easy question is one that deals with everyday conversation. A pro question is anything else.

When deciding between easy and pro, err on the side of pro. Most questions will be pro.

* Note: non-member askers are not given the option of entering 'pro' questions; the only way for their questions to be classified as 'pro' is for a ProZ.com member or members to re-classify it.

Discussion

Lisa Rosengard Dec 20, 2021:
I read: 'Country X stands apart from others, as it maintains the lowest expense rate, in financial allowances from the European Union, per resident ( xxx euros per resident at the fixed price rates of 2010.)'
Luis M. Sosa Dec 18, 2021:
@Matt 'Adjusted for inflation' is widely used in the financial press, while 'at constant prices' is widely used by economists in working papers, books, class materials, blog entries, etc. but they just mean the same thing, so you may want to go with 'constant prices', assuming economics is a social science -which for many is and for many others is not.
Luis M. Sosa Dec 18, 2021:
Disagree with Phil, query is PRO.
matt robinson (asker) Dec 17, 2021:
@Althea Ok, now I've got it. Thanks!
Althea Draper Dec 17, 2021:
@Matt This link shows in straightforward terms what is meant by constant prices in terms of GDP and has other examples too. It means that the figure 'xxx€ por habitante' ignores the amount the benefits would have risen if it had kept up with inflation since 2010, and the figure shown is the increase over and above this i.e. the amount in real terms taking 2010 as the base.

https://www.economicshelp.org/blog/glossary/current-prices-c...
Taña Dalglish Dec 17, 2021:
@ Matt Country xxx stands out for still having the lowest per capita expenditure on monetary benefits in the European Union (xxx€ **per capita at constant 2010 prices)**.
matt robinson (asker) Dec 17, 2021:
Doubts I still don't fully understand the concept here. Is this based on a 2010 calculation adjusted for inflation?
I'm not sure what "at constant prices" means in reference to a particular year (2010 in this case) when in reference to spending per inhabitant.

Proposed translations

+5
2 hrs
Selected

at constant prices

If you compare this explanation in Spanish:
https://es.wikipedia.org/wiki/Precios_constantes
with the OECD definition of 'constant prices' here:
https://stats.oecd.org/glossary/detail.asp?ID=417
you'll see that they refer pretty much to the same concept.
Peer comment(s):
agree philgoddard : Or you could just say "at 2010 prices".
1 min
Well, yes, I suppose you 'could'. But I wouldn't, because it loses the reminder about essential invariability we get from including 'constant'.
agree patinba
3 mins
agree Michael Meskers
13 hrs
agree Luis M. Sosa
1 day 3 hrs
agree neilmac
3 days 3 hrs
Something went wrong...
4 KudoZ points awarded for this answer.
-1
52 mins

at amounts that remain constant for the year 2010

I think this might be better in this case than just using the usual translation, "at/in constant prices", in this case.

--------------------------------------------------
Note added at 55 mins (2021-12-17 11:52:05 GMT)
--------------------------------------------------

Or perhaps "at rates"...? Not sure, based on the context you posted.
Peer comment(s):
disagree Andrew Bramhall : No. 2010 is just a base point from the past.
5 hrs
neutral Luis M. Sosa : These are concepts no can escape from using. There's no need to rephrase them.
1 day 4 hrs
Something went wrong...
6 hrs

At nominal 2010 prices

The 'constant' just means there has has been no adjustment for inflation, etc, since that year.
Peer comment(s):
neutral Luis M. Sosa : The real value of an item, also called its relative price, is its nominal value adjusted for inflation and measures that value in terms of another item. Source: https://www.investopedia.com/terms/r/real-value.asp
22 hrs
Something went wrong...
Close search
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search