• Safi Bello

Understanding Producer Price Index And A Look At The PPI Rise In December

Producer Price Index (PPI) is correlative measure of average change in price of a basket of representative goods and services sold by manufacturers and producers in the wholesale market. The Producer Price Index is used as an indicator of rate of inflation or deflation. PPI measures price changes from the sellers perspective. According to an economic news release by the Bureau of Labor Statistics today -- The Producer Price Index for final demand increased 0.3 percent in December, seasonally adjusted. Final demand prices advanced 0.4 percent in November and were unchanged in October. On an unadjusted basis, the final demand index climbed 1.6 percent in 2016 after falling 1.1 percent in 2015. In December, nearly 80 percent of the advance in the final demand index is attributable to a 0.7-percent increase in prices for final demand goods. The index for final demand services inched up 0.1 percent. Prices for final demand less foods, energy, and trade services moved up 0.1 percent in December after rising 0.2 percent in November. In 2016, the index for final demand less foods, energy, and trade services climbed 1.7 percent following a 0.3-percent advance in 2015. To get more information on the Producer Price Index and a look at the PPI rise in December click on the pictures below to read the articles.

Wholesale Prices in U.S. Rise for Third Time in Four Months - Read More from Bloomberg News
Background, Purpose, and Uses of Producer Price Indices - Read More from IMF
US Producer Price Index rose 0.3% in Dec, as expected - Read More from CNBC
Economic Indicators: Producer Price Index (PPI) - Read More from Investopedia
Strong auto demand buoys retail sales; producer prices up - Read More from Reuters
Producer prices jump along with energy costs - Read More from Market Watch
Producer prices rise as energy costs push higher - Read More from Fox Business
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