Price change indicators of bundles of raw materiels and unfinished goods as inputs over a certain period of time. PPI is regarded as a major indicator of the consumer price inder (CPI) as a rise in the input price will reflected in the consumer price. It is also called wholesale price index (WPI)
Link to This DefinitionDid you find this definition of PRODUCT PRICE INDEX (PPI) helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary