The Producer Price Index or PPI is one of the two most commonly used economic indicators (the other one being the Consumer Price Index or CPI).
The PPI measures the average change in prices paid to U.S. producers for their good and services.
It measures inflation from the producer’s perspective (as opposed to CPI which measures inflation from the consumer’s perspective).
The PPI is published monthly by the U.S. Bureau of Labor Statistics (BLS).
The BLS publishes about 10,000 indexes for individual products and industries.
These indexes cover nearly all industries in the U.S. economy.