Producer Price Index: Difference between revisions

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The Producer Price Index (PPI) is a family of indexes that measures the average change over time in selling prices received by domestic producers of goods and services. PPIs measure price change from the perspective of the seller. This contrasts with other measures, such as the Consumer Price Index (CPI), that measure price change from the purchaser's perspective. Sellers' and purchasers' prices may differ due to government subsidies, sales and excise taxes, and distribution costs.
The Producer Price Index (PPI) is a family of indexes that measures the average change over time in selling prices received by domestic producers of goods and services. PPIs measure price change from the perspective of the seller. This contrasts with other measures, such as the Consumer Price Index (CPI), that measure price change from the purchaser's perspective. Sellers' and purchasers' prices may differ due to government subsidies, sales and excise taxes, and distribution costs.


Methodology: https://www.bls.gov/ppi/overview.htm  
'''Methodology''': https://www.bls.gov/ppi/overview.htm  


== Developments  ==
== Developments  ==
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=== 2024 ===
=== 2024 ===
==== February 2024 ====
* Producer price Index (PPI) rose 0.6% in February, exceeding expectations for a 0.3% increase.
* On a yearly basis, PPI rose 1.6%, above 1.2% estimate.
* Core PPI grew 0.3%, above 0.2% estimate.
* On a yearly basis, core PPI was up 2% higher than 1.9% estimate.
* Services index rose 0.3% versus 0.5% increase in January.
* Energy prices rose 4.4% after a decline of 1.1% in January.
* S&P 500 futures rose despite the inflation coming above estimates- S&P 500 and Nasdaq 100 futures gained 0.2% while Dow Jones futures were up 0.3%.


==== January 2024 ====
==== January 2024 ====
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* Energy prices fell 1.7% in January.
* Energy prices fell 1.7% in January.


==== February 2024 ====
*  
 
* Producer price Index (PPI) rose 0.6% in February, exceeding expectations for a 0.3% increase.
* On a yearly basis, PPI rose 1.6%, above 1.2% estimate.
* Core PPI grew 0.3%, above 0.2% estimate.
* On a yearly basis, core PPI was up 2% higher than 1.9% estimate.
* Services index rose 0.3% versus 0.5% increase in January.
* Energy prices rose 4.4% after a decline of 1.1% in January.
* S&P 500 futures rose despite the inflation coming above estimates- S&P 500 and Nasdaq 100 futures gained 0.2% while Dow Jones futures were up 0.3%.


=== 2023 ===
=== 2023 ===