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| PPI - Producer Price Index |
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| Written by Al Parsai | |
| Tuesday, 30 December 2008 | |
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The Producer Price Index (PPI) program measures the average change over time in the selling prices received by domestic producers for their output. The prices included in the PPI are from the first commercial transaction for many products and some services [Link].
The US Bureau of Labor Statistics publishes this report around the 11th of each month at 8:30 am. A forex trader may use this indicator to have a better understaning of the US inflation. A better approach to understand inflation is via the use of CPI or rather Consumer Price Index.
To see PPI reports and other relevant issues click here. You may also click here to see a relatively old discussion about this index on International Monetary Fund (IMF) website.
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| Last Updated ( Sunday, 25 January 2009 ) |
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