What does PPI(s) mean?

Frequently Asked Questions (FAQs) What is the Producer Price Index (PPI)? The Producer Price Index is a family of indexes that measures the average change over time in the selling prices received by ... How are PPIs used? Producer Price Index data are widely used by the business community as well as by government. ... When did the Wholesale Price Index become the Producer Price Index? ... More items...

What is the producer price index (PPI)?

The Producer Price Index (PPI) is the official measure of producer prices in the economy of the United States. It measures average changes in prices received by domestic producers for their output. The PPI was known as the Wholesale Price Index, or WPI, up to 1978.

What is the PPI for final demand?

The PPI for Final Demand is the headline index of the PPI News Release. It measures change in prices received by domestic producers for goods, services, and construction sold for personal consumption, capital investment, government, and export.

What is the difference between a BLS and a PPI?

Each index measures price changes from a reference period defined to equal 100.0. Currently, some PPIs have an index base set at 1982 = 100, while the remainder have an index base that corresponds with the month prior to the month that the index was introduced. BLS measures price change in relation to that figure.