A Producer Price Index (PPI) measures average changes in prices received by domestic producers for their output. It is one of several price indices.
Its importance is being undermined by the steady decline in manufactured goods as a share of spending.
Read more about Producer Price Index: Related Measures
Famous quotes containing the words price and/or index:
“After all, it is putting a very high price on one’s conjectures to have a man roasted alive because of them.”
—Michel de Montaigne (1533–1592)
“Exile as a mode of genius no longer exists; in place of Joyce we have the fragments of work appearing in Index on Censorship.”
—Nadine Gordimer (b. 1923)