Changes in Food Price Indexes 2018 through 2021

Published: 1 November 2020| Version 1 | DOI: 10.17632/8n2xvf9hhb.1
Contributor:
GR Walts

Description

Model forecasts for the Producer Price Index (PPI). The PPI is similar to the CPI in that it measures price changes over time; however, instead of measuring changes in retail prices, the PPI measures the average change in prices paid to domestic producers for their output. The PPI collects data for nearly every industry in the goods-producing sector of the economy. Changes in farm-level and wholesale-level PPIs are of particular interest in forecasting food CPIs.

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