The measure used to report price changes at the wholesale level is the
A) gross domestic product (GDP).
B) consumer price index (CPI).
C) gross output (GO).
D) producer price index (PPI).

Question

Quizplus · Accepted Answer

The producer price index (PPI) is the measure used to report price changes at the wholesale level. It tracks the average change in selling prices received by domestic producers over time for goods and services. The CPI tracks changes in the prices paid by consumers for a fixed basket of goods and services. GDP measures the value of all goods and services produced in a country and GO measures the value of all goods and services produced by industries. Neither of these measures specifically report on price changes at the wholesale level.

The Measure Used to Report Price Changes at the Wholesale