The Producer Price Index is a measure of the average change in the prices received by domestic producers for the sale of their goods and services. The PPI includes prices for all commodities that are produced in the United States, including raw materials, intermediate goods, and finished goods. It covers prices at all stages of production, from the producer of the raw materials to the final producer of the finished goods. The PPI is calculated by the Bureau of Labor Statistics (BLS) and is used to measure inflationary pressures in the economy at the wholesale level.
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