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Table 4 Summary of price ratios for medicine price basket, 2010–2014

From: How well does Malaysia achieve value for money in public sector purchasing of medicines? Evidence from medicines procurement prices from 2010 to 2014

 

Quantity-weighted average price ratio

Expenditure-weighted average price ratio

Supplier

(N = 205)

Buyer

(N = 192)

Buyer-UMIC

(N = 164)

Supplier

(N = 205)

Buyer

(N = 192)

Buyer-UMIC

(N = 164)

2010

2.2

2.4

2.3

3.2

3.3

3.2

2011

2.1

2.3

2.5

3.5

4.3

4.6

2012

2.1

2.7

3.0

3.5

4.2

4.3

2013

1.9

2.3

2.7

3.3

3.9

3.8

2014

1.9

2.0

2.3

2.9

3.0

3.4