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.”
The Producer Price Index for Analytical Series includes:
◦ Final manufactured goods excluding petroleum products
◦ Final manufactured goods excluding food
◦ Intermediate manufactured goods excluding basic metals
◦ Mining excluding precious metals and stones
◦ Precious metals and stones