Definitions for "Producer Price Index"
Keywords:  ppi, wholesale, labor, cpi, statistic
Producer Price Index - PPI - measures changes in the selling price producers...
This index measures changes in wholesale prices. Because the producers of goods pay for items that consumers will eventually buy, this index is considered an important indicator of future consumer prices. Investors and economists use the PPI to gauge inflation rates months in advance. The data for the PPI is reported monthly by the Bureau of Labor Statistics.
Reported by the Labor Department, is a inflationary indicator that measures the average price level for capital and consumer goods paid by producers.