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 Producer Price Index
◦ Mining and Quarrying
◦ Machinery for mining, quarrying and construction
◦ Basic iron and steel and ferro-alloys
◦ Fabricated metal products, except machinery and equipment
◦ Other pumps and compressors
◦ Refined petroleum products
◦ Chemicals and chemical products
◦ Iron, Steel and Ferro-Alloys and First Processing Products