PPI MM*

Actual
-2.7%
Previous
-0.6%
Forecast

The Producer Price Index released by the Bureau of Labor statistics, Department of Labor measures changes in the selling prices producers charge for goods and services, and well as tracks how prices feed through the production process. The PPI is valuable as an early indicator of inflation, because producers tend to pass on higher costs to consumers as higher retail prices. It also gives an image of how higher prices from raw materials flow toward the final product.

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