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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.
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Accessed December 9, 2024. Consumer Price Index Summary, U.S. Bureau of Labor and Statistics. Accessed December 12, 2024. Producer Price Index News Release summary, U.S. Bureau of Labor and ...
Accessed November 4, 2024. Consumer Price Index Summary, U.S. Bureau of Labor and Statistics. Accessed November 14, 2024. Producer Price Index News Release summary, U.S. Bureau of Labor and ...
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In 2019 if a market basket price is 55 and the basket were to double the following year, in 2020, then the index would rise to 200. This is done by performing a simple calculation: Dividing the new year market basket price by the reference year's (otherwise known as the base year) price, and subsequently multiplying the quotient by 100.
The Atlanta Fed's GDP Now tool, which incorporates real-time data throughout the quarter to project economic growth, currently projects the US economy grew at a 3.3% annualized pace in the final ...