Producer Price Index - Explained
What is a Producer Price Index?
Written by J. Mance Gordon
Updated at April 23rd, 2024
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What is a Producer Price Index?
The BLS also calculates several price indices that are not based on baskets of consumer goods. For example, the Producer Price Index (PPI) is based on prices paid for supplies and inputs by producers of goods and services. We can break it down into price indices for different industries, commodities, and stages of processing (like finished goods, intermediate goods, or crude materials for further processing).
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