The Producer Price Index measures the change in prices paid to US producers of goods and services.
The PPI is a measure of wholesale inflation, while the consumer price index measures the prices that consumers pay.
The index is published monthly by the Bureau of Labor Statistics.
PPIs are calculated based on the products and services, industries and economic identity of the buyer, which are used to calculate the total monthly PPI change in final demand.
Indices calculate price changes in private contracts based on supplier entry prices.