Markets & regulation

PPI (Producer Price Index)

In shortThe monthly US report on the prices businesses receive for what they sell, before anything reaches the shop shelf.

The Bureau of Labor Statistics publishes the PPI each month. It is often read as an early signal: if costs rise for producers, some of that may later reach consumers and show up in the CPI.

That link is loose, because companies can absorb costs in their margins and the PPI swings more with energy and commodity prices. Economists also use parts of it to estimate the PCE price index.

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