Jun 29, 2021 13:15
2 yrs ago
41 viewers *
French term
Canada
Clarity out of Complexity
Native in: English 
Works in: French to English, Spanish to English, Italian to English
aux prix de base
French to English
Bus/Financial
Economics
This is a footnote in an economic forecast:
"PIB exprimé aux prix de base en dollars de 2012"
"PIB exprimé aux prix de base en dollars de 2012"
Proposed translations
(English)
Change log
Jun 29, 2021 17:49: Yolanda Broad changed "Term asked" from "\"aux prix de base\"" to "aux prix de base"
Proposed translations
1 hr
Francois Boye
United States
United States
Native in French
Specializes in field
United States
An economic geek with social skills
Native in: French
Works in: English to French, French to English, Spanish to English, and 1 more.
Related KudoZ points
:
37
French term (edited):
PIB exprimé aux prix de base en dollars de 2012
Selected
GDP in 2012 constant dollar prices/real GDP (base 2012)
This means that 2012 is the base year, which means that dollar prices to calculate GDP at any time are 2012 dollar prices.
This method to calculate GDP neutraliz(s)es inflation (there is no price change in dollar). So GDP changes over time because the volume of goods and services changes.
https://www.investopedia.com/terms/r/realgdp.asp
This method to calculate GDP neutraliz(s)es inflation (there is no price change in dollar). So GDP changes over time because the volume of goods and services changes.
https://www.investopedia.com/terms/r/realgdp.asp
Peer comment(s):
| agree |
Conor McAuley
: Most interesting suggestion so far and most likely to be right given the context provided so far. / The wording appears to be right.
19 mins
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Thanks!
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| disagree |
Daryo
: nearest so far, only missing part "basic prices" // well, if you take the trouble to do a serious check, "basic prices" have NOTHING to do with the "base year" (used for somee index) - I didn't put myself another answer for no reason.
3 hrs
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The basic prices are the 2012 dollar prices because 2012 is the base year//this is basic macroeconomics, this is basic national accounting!
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| agree |
SafeTex
7 hrs
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Thanks!
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| disagree |
philgoddard
: You can't just leave out "at basic prices". It doesn't mean 2012 is the base year, even though that is also the case.
7 hrs
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The basic prices are the 2012 dollar prices
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1 KudoZ points awarded for this answer.
Comment: "My reviser and I agreed the right translation was "in 2012 dollars" - this is how similar reports phrase the concept in English. I thought I was missing something with the "prix de base" bit but it seems to be a little extra technical thing in the French copy that isn't needed in English."
9 mins
Gregory Marneffe
Luxembourg
Luxembourg
Native in French
Specializes in field
Luxembourg
Absolute commitment to quality
Native in: French (Variants: Standard-France, Belgian) 
Works in: English to French, Spanish to French, French to English, and 1 more.
French term (edited):
"aux prix de base"
GDP at basic prices
Hello Luigi,
It means the GDP calculation that does not take into account taxes or possible subsidies.
Best regards,
Gregory
It means the GDP calculation that does not take into account taxes or possible subsidies.
Best regards,
Gregory
Peer comment(s):
| disagree |
Daryo
: wrong guess - more precisely your explanation is wrong.
1 hr
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| agree |
philgoddard
: This is correct, but you should have included references.
4 hrs
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| neutral |
Yvonne Gallagher
: yes, but you're omitting the important point about the year
20 hrs
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12 mins
Marco Solinas
Native in English
Accurate, professional translations
Native in: English , Italian
Works in: Italian to English, French to English
Related KudoZ points
:
4
French term (edited):
"aux prix de base"
on a cost base
See https://www.btb.termiumplus.gc.ca/tpv2alpha/alpha-eng.html?l... and http://gdt.oqlf.gouv.qc.ca/Resultat.aspx
-1
20 mins
French term (edited):
"aux prix de base"
on the basis of
You could also correctly translate the sentence: " Gross Domestic Product expressed in 2012 dollars" without changing the meaning. I think this would actually be a better translation of this concept.
Peer comment(s):
| disagree |
Daryo
: "simplifying" an explanation given in a footnote??? Interesting method - so until now I had the mistaken belief that an "explanation" should be more detailed than the explained term?
1 hr
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4 hrs
French term (edited):
PIB exprimé aux prix de base en dollars de 2012
GDP (was) expressed at basic prices in 2010 dollars
Glossary of terms as used in official statistics in Canada:
Produit intérieur brut (PIB)
Le produit intérieur brut (PIB) par industrie mesure la valeur des extrants d'une industrie moins la valeur des intrants intermédiaires nécessaires au processus de production. Dans ce sens, il s'agit d'une mesure de l'activité économique axée sur les extrants qui est souvent désignée sous le nom de valeur ajoutée apportée par un secteur.
Le PIB est brut parce qu'il ne déduit pas la dépréciation du capital et intérieur parce qu'il mesure la production réalisée dans les frontières politiques du Canada.
Le PIB par industrie est exprimé en prix de base, c'est-à-dire qu'il englobe les taxes payées et les subventions reçues pour les facteurs de production (main-d’œuvre ou capital).
L'établissement du Produit intérieur brut (PIB) aux prix de base par Statistique Canada est une mesure de la production économique qui se déroule sur le territoire canadien.
Dollars courants
Les mesures renvoient au prix courant demandé pendant la période dont il est question.
Dollars enchaînés
Adoptée par Statistique Canada et qui tient compte des fluctuations des prix relatifs et de la composition de la production au fil du temps. Dans Statistiques relatives à l’industrie canadienne, le Produit intérieur brut aux prix de base, par industrie est présenté en dollars enchaînés.
https://www.ic.gc.ca/eic/site/cis-sic.nsf/fra/h_00005.html
Gross domestic product (GDP)
Gross Domestic Product (GDP) by industry measures the value of output of an industry less the value of intermediate inputs required in the production process. In this sense, it is an output-based measure of economic activity and is commonly referred to as the "value-added" of an industry.
GDP is gross in the sense that it does not deduct the depreciation of capital, and domestic as it measures production occurring within the political boundaries of Canada.
GDP by industry is expressed in basic prices, that is, it includes taxes paid and subsidies received on the factors of production (labour or capital).
This Statistics Canada activity provides Gross Domestic Product (GDP) at basic prices as a measure of the economic production which takes place within the geographical boundaries of Canada.
Chained dollars
A methodology implemented by Statistics Canada which takes into account fluctuations in relative prices and the composition of output over time. In "Canadian Industry Statistics", Gross Domestic Product at basic prices by industry is presented in chained dollars.
https://www.ic.gc.ca/eic/site/cis-sic.nsf/eng/h_00005.html
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Note added at 7 days (2021-07-06 23:15:20 GMT) Post-grading
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There are TWO separate / mutually independent components in explaining how this index was calculated:
1 the prices used were "basic prices"
2 the dollars used for expressing these "basic prices" were NOT "current dollars" of the year for which this index was calculated, but "2012 dollars"
Peer comment(s):
| neutral |
philgoddard
: This is the same as Gregory's answer, which you disagreed with.
17 mins
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if you were in speaking terms with statistics and economics, you would have spotted the difference // FYI, every single term in this field has a precise meaning, there is no "poetic licence" in these fields.
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| neutral |
Yvonne Gallagher
: 2012 is the year??//I don't see how this "is the same as Gregory's answer" since he never mentioned the year?
15 hrs
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2012 is the "reference year" used to express the "buying power" of one dollar or, expressed in a different way, all prices used in calculating this index have been corrected in a way to make them comparable with prices in 2012.
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Discussion
Omitting that the calculation was done "at basic prices" sounds to me very much like a "non-explaining explanation".
But then, depending on the intended audience, the "nuance" might have been lost on most of them anyway ...
With due respect to your client.
Les prix de base sont les prix en dollar de 2012, comme je l'ai dit dans mes explications
Moreover, 2012 dollar is not the point here. What the point here to define real GDP or GDP at constant prices is dollar prices in 2012.
Question marks, quote marks, unnecessary capitalization and anything else that would not be found in a dictionary, should not be entered.
https://www.proz.com/siterules/kudoz_general/1.4#1.4
"Constant or real dollars are terms describing income after adjustment for inflation."