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).
product price index (PPI) is in the Economics, Politics, & Society subject.
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