Description
The Producer Price Index (PPI) is calculated and published by the Bureau of Labor Statistics (BLS). The PPI measures the average change over time in the selling prices received by domestic producers for their goods and services. Unlike the Consumer Price Index (CPI), which measures price changes from the buyer's perspective, the PPI focuses on the seller's perspective. This often makes the PPI a leading indicator for the CPI.
Note: The difference between Seasonally Adjusted (SA) and Not Seasonally Adjusted (NSA) data lies in the fact that SA data is adjusted to eliminate the effects of seasonal patterns, providing a clearer view of long-term trends and underlying economic conditions.