The PPI is the
A)price parity index.
B)prime producer index.
C)producer price index.
D)production performance indicator.

Question

Quizplus · Accepted Answer

The PPI stands for Producer Price Index, a measure of average changes over time in the selling prices received by domestic producers for their goods and services. It reflects the price trends of inputs used in the industry, and inflationary pressures that the producers ultimately pass on to the end consumers. Therefore, the option (C) is the correct choice.

The PPI Is the