Search results
Results from the WOW.Com Content Network
Tuesday's report from the Bureau of Labor Statistics showed that its producer price index (PPI) — which tracks the price changes companies see — rose 3.3% from the year prior, up from the 3% ...
Wholesale prices rose more than expected in November, adding to a string of sticky inflation prints.. Thursday's report from the Bureau of Labor Statistics showed that its producer price index ...
The quick jab that hit the economy first on Thursday was an elevated producer price inflation reading. The producer price index (PPI), which measures the change in the prices domestic sellers pay ...
US producer price index 2005-2022. The Producer Price Index (PPI) is the official measure of producer prices in the economy of the United States. It measures average changes in prices received by domestic producers for their output. The PPI was known as the Wholesale Price Index, or WPI, up to 1978.
The origins of the International Price Program (IPP) can be traced to a 1961 report on Federal Price Statistics prepared by the National Bureau of Economic Research.The report for Congress' Joint Economic Committee suggested that indexes be assigned to a federal statistical agency "to obtain the attention and resources for these indexes that we believe are essential."
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 ...
Meanwhile, the "core" Producer Price Index (PPI) revealed prices increased by 3.1% in October, up from 2.8% the month prior and above economist expectations for a 3% increase.
As the most widely used measure of inflation, the CPI is an indicator of the effectiveness of government fiscal and monetary policy, especially for inflation-targeting monetary policy by the Federal Reserve. Now however, the Federal Reserve System targets the personal consumption expenditures (PCE) price index instead of CPI as a measure of ...