producer price index (PPI)

Popular Terms
Relative measure of average change in price of a basket of representative goods and services sold by manufacturers and producers in the wholesale market. A family of three indices (finished goods, intermediate goods, and raw materials or crude commodities), it is used as an indicator of rate of inflation or deflation. In contrast to the consumer price index (CPI) which measures price changes from the consumer's perspective, PPI measures them from the seller's perspective. Older name wholesale price index.

Use 'producer price index (PPI)' in a Sentence

I was really interested in price changes and would always consult with the producer price index to see what was happening.
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The producer price index was indicative of the fluctuation elements in the equation as many variables needed to be understood.
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You need to be able to accurately assess the producer price index to figure out how much profit you can make off a product.
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