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The FD-ID system replaced the PPI "stage-of-processing" (SOP) system as PPI's primary aggregation model with the release of data for January 2014. The scope of the SOP system was narrower than the PPI index. [4] Over 600 FD-ID PPIs are available measuring price change for goods, services, and construction sold to final demand and intermediate ...
A Labor Department report showed the producer price index rose 3.3% on an annual basis in December 2024, compared with the 3.4% rise economists polled by Reuters had expected. On a monthly basis ...
The producer price index for final demand jumped 0.4% last month, the largest gain since June, after an upwardly revised 0.3% increase in October, the Labor Department's Bureau of Labor Statistics ...
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 ...
This could be overcome if the principal method for relating price and quality, namely hedonic regression, could be reversed. [13] Then quality change could be calculated from the price. Instead, statistical agencies generally use matched-model price indices, where one model of a particular good is priced at the same store at regular time ...
U.S. producer prices increased moderately in March as a rise in the cost of services was softened by a fall in goods prices, calming fears of a resurgence in inflation. The report from the Labor ...
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WASHINGTON (Reuters) -U.S. producer prices were unchanged in September as a small rise in the cost of services was offset by cheaper goods, pointing to a still-favorable inflation outlook and ...