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.”
◦ Fabricated metal products, except machinery & equipment
◦ Electronic components & optical products
◦ Chemicals & chemical products
◦ Machinery & equipment n.e.c.
◦ Output of all manufactured products
◦ Dairy & cheese products
◦ Rubber & plastic products
◦ Woven textiles