The measure used to report price changes at the wholesale level is the:
A) gross domestic product (GDP).
B) consumer price index (CPI).
C) wholesale price index (WPI).
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, tracking the average changes in selling prices received by domestic producers for their goods and services over time. The other options, GDP and CPI, do not specifically track wholesale price changes. While the WPI does track wholesale prices, it is not as commonly used as the PPI in the United States.

The Measure Used to Report Price Changes at the Wholesale