PPI Producer Price Index
PPI
Producers
price
The index (Producer Price Index), abbreviated as PPI, is used to measure the price changes of various commodities at different stages of production.
Consumer
Like the price index, it is usually regarded as an important indicator to observe the level of inflation.
For the foreign exchange market, the market is more concerned about the monthly change of the final product PPI.
As food prices increase due to seasonal changes, and energy prices often fluctuate unexpectedly, in order to reflect the overall price changes of commodities more clearly, the change of food and energy prices is generally eliminated, thus forming the "core producer price index", and further observing the trend of inflation rate.
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