A percentage point (often abbreviated as "pp") is a unit of measurement used to express the difference between two percentages. It represents an absolute difference rather than a relative difference. For example: - If the interest rate increases from 5% to 7%, it has increased by 2 percentage points (7% - 5% = 2 percentage points).
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A percentage point is one hundredth on a probability or proportion scale. A change from to is percentage points, while the relative increase is . These answer different questions and have different denominators.