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Producer Price Index (PPI)

Macro & the Fed

The PPI measures the average change in the prices that domestic producers receive for the goods and services they sell.

In the US it is published monthly by the BLS. Because higher production costs can eventually pass through to consumers, PPI is watched as a possible lead for CPI, although that pass-through is neither automatic nor steady. Turkey's statistics office publishes a domestic equivalent, Yİ-ÜFE, which is also used in Turkish tax calculations.

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