Producer Price Index

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Producer Price Index (PPI)

Index measuring changes in wholesale prices, published by the US Bureau of Labor Statistics every month.

Producer Price Index

An index tracking the price of goods bought and sold in bulk before they reach the retail level. The producer price index usually tracks changes in these prices on a monthly basis. A large change in producer prices can lead to a change in retail prices, which affects consumers most directly. As a result, a few countries use the producer price index as a measure of inflation, but most do not. A dramatic increase in producer prices, however, may be seen as an early indicator of inflation. It is also called the wholesale price index.

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. See also GDP deflator.
References in periodicals archive ?
For 2017 as a whole, the producer price indices for manufacturing industries as well as sewerage, waste management and remediation activities increased by 3.
The revised figures on indices of industrial production and producer price indices for the industrial sector for the second quarter of 2016 will be released at the website of the C&SD (www.
Statistics Finland, the Finnish state statistics agency, said on Thursday (17 February) that the Finnish producer price indices had increased by 0.
Statistics Finland, the Finnish state statistics agency, said on Monday (17 January) that the Finnish producer price indices had increased by 0.