product price index (PPI)
Definition
Indicator of the changes in the wholesale prices of a basket of raw materials and semi-finished goods used as inputs (but not any services) over a specific period. PPI is considered a leading indicator of consumer price index (CPI) because as the input prices rise they will be (to a certain degree) reflected in the consumer prices. Also called wholesale price index (WPI).
Popular 'Economics, Politics, & Society' Terms
product price index (PPI) in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/product-price-index-PPI.html
