Dictionary of Procurement Terms

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Search Results: 1-1 of 1 result for “Producers Price Index (PPI)”

  • Producers Price Index (PPI)

    A measurement tool compiled by the U.S. Bureau of Labor Statistics reflecting the average change in prices charged by producers during a given time period, compared to those charged in a base year. The PPI measures inflation at earlier stages of the production and marketing process than does the Consumer Price Index. (ISM, 2000)