UK Producer Price Index definition
UK Producer Price Index
The UK Producer Price Index (PPI) measures the change in the price of goods bought and sold by UK manufacturers. The PPI is also used to measure changes in wholesale inflation experienced by manufacturers, which can be extrapolated to indicate changes in consumer inflation.
Producer Price Index Input vs Output
The Producer Price Index is separated into both inputs and outputs. Inputs measure the change in costs of goods and supplies bought by manufacturers and outputs measure goods and supplies sold by manufacturers.