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| Producer Price Index (PPI) This indicator is similar to CPI but it measures the changes in the price of intermediate goods and services sold to producers. This is different from CPI which measures the purchase price of consumers. Hence, this indicator measures the changes before it hit the consumer. For example, the PPI includes changes in the price of oil, which is one of the first items in the production chain and can be used to predict future changes in CPI. There are 10 categories in this fixed basket:
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