Producer Price Index (PPI)

Market Basket
A combination of goods, in statistically derived proportions, used to track price changes. It is used in such indicators as the Consumer Price Index (CPI), and the Producer Price Index (PPI).
Price Index
A price index traces the relative changes in the price of an individual good, or a market basket of goods, over time. Common examples include the Consumer Price Index (CPI) and the Producer Price Index (PPI).

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