[i]Producer Price Index
[/i] Definition: The PPI is not as widely used as the CPI, but it is still considered to be a good indicator of inflation. Generally, the PPI is also collected by governments and it's considered to be among the most authoritative statistics.

This indicator measures and reflects the change of manufacturers’ cost of raw materials and semi-finished goods retrieving data from production and manufacturing firms across several sectors (manufacturing, agricultur…
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