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 Industry Excluding Construction
◦ Manufacture of textiles, apparel, leather and related products
◦ Manufacture of fabricated metal products, except machinery and equipment
◦ Manufacture of machinery and equipment n.e.c.
◦ Manufacture of rubber and plastic products:
◦ Manufacture of motor vehicles, trailers and semi-trailers
◦ Manufacture of food products
◦ Manufacture of basic metals