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producer price index

   Also found in: Dictionary/thesaurus, Acronyms, Wikipedia, Hutchinson 0.02 sec.
Producer Price Index (PPI)
Index measuring changes in wholesale prices, published by the US Bureau of Labor Statistics every month.
producer price index
A comprehensive index of price changes at the wholesale level. Because wholesale price changes eventually find their way into consumer prices, the producer price index is closely watched as an early indicator of future retail price changes. Formerly called wholesale price index, price index. Compare consumer price index (CPI). See also GDP deflator.
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