Producer Price Inflation measures the changes in the prices of locally produced commodities. The Producer Price Index (PPI) is defined as “A measure of the change in the prices of goods either as they leave their place of production or as they enter the production process.”
◦ Total Market
◦ Manufacture of fabricated metal products, except machinery and equipment
◦ Manufacture of metals in primary form
◦ Manufacture of rubber or plastics products
◦ Manufacture of chemical products