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producer price index

producer price index

1 6.3
A number that shows changes in prices companies that make things get when they sell to shops or other businesses
  • noun
  • /prəˈduːsər praɪs ˈɪndɛks/
  • Formal
translation icon : índice de precios del productor
  • Analysts look closely at the producer price index to gauge future inflation trends.
  • producer price index percent
  • producer price index and inflation
  • producer price index rose

On Thursday, we'll get PPI, the producer price index.

Examples

  • Higher food prices helped lift the closely watched Producer Price Index by 0.3 percent in July, the fastest pace in five months.

    Blog text (3)
  • The overall general upward price movement of goods and services in an economy, usually as measured by the Consumer Price Index and the Producer Price Index.

    Blog text (11)
  • The second measure of inflation is the Producer Price Index, or the PPI.

    Blog text (5)
  • Rather, it appears that the producer price indices in the two countries were in the process of convergence prior to CUSTA.

    Academic text (2005)
  • However, the most important data point for gold and silver investors since the announcement of QE3 is the Core Producer Price Index (PPI).

    Blog text (19)
  • According to Producer Price Index numbers, grains have risen 33% year over year, and oil 20% year over year (both figures September-to-September; link is here).

    Blog text (11)
  • For those looking for a cyclical turn, GREED & fear would advise keeping an eye on the trend in the Producer Price Index (PPI).

    Blog text (19)
  • This suggests the producer price index (PPI) would be a more appropriate deflator for investment, though the PPI itself has drawbacks.

    Academic text (2016)
  • China's PPI's which is the producer price index, epic lows, they're negative year over year on Ppis.

  • According to the Labor Department, the producer price index rose 0.3 percent last month.

Synonyms

price index
vsproducer price index
  • Specialized
15 3.2

A number that shows how prices of goods and services change over time

focuses on wholesale receipts by domestic firms rather than general price levels
PPI
vsproducer price index
  • Specialized
3 7.3

Measure of how prices that sellers receive for goods change over time

is specific to wholesale receipts rather than general price measures

Surface Forms

Morphology

producer + price + index

The meaning is directly compositional: combining 'producer' (who makes goods), 'price' (amount paid) and 'index' (a numeric indicator) yields an index that tracks prices received by producers. This is a common, cross-linguistically transparent economic construction, so a B1 learner who knows the constituent words would be able to infer the basic meaning.

Etymology

The term producer price index comes from its parts: producer, the businesses that make goods; price, the money they get; and index, a single number that shows change over time. Imagine asking many makers how much they were paid and turning their answers into one number that goes up or down, so it shows how prices for producers are changing.