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Producer price index — news, coverage & facts — IJR

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Photo: Independent Journal Review
Reporting
‘Boy, I’m Surprised!’: CNBC’s Rick Santelli Blown Away By ‘Progress’ In New Inflation Report Under Trump
CNBC editor Rick Santelli expressed shock on Wednesday about wholesale prices in the U.S. unexpectedly declining. The Producer Price Index (PPI) showed that the prices paid to producers fell 0.1% in August while slowing…
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Facts from Wikidata (CC0).

A producer price index (PPI) is a price index that measures the average changes in prices received by domestic producers for their output. Formerly known as the wholesale price index between 1902 and 1978, the index is made up of over 16,000 establishments providing approximately 64,000 price quotations that the U.S. Bureau of Labor Statistics (BLS) compiles each month to represent thousands of different goods and services.

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