PPI

PPI, or Producer Price Index, measures the average change over time in the selling prices received by domestic producers for their output. Essentially, it tracks how the prices of goods and services that producers sell to retailers and other businesses change, which can indicate trends in inflation and economic health. A rising PPI suggests that production costs are increasing, which may lead to higher prices for consumers. Conversely, a stable or declining PPI can signal stable production costs and potentially lower consumer prices. It's an important economic indicator for policymakers, businesses, and analysts.