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Producer Price Index

What is the Producer Price Index?

The Producer Price Index (PPI) measures the average change over time in the selling prices of services by the producers. The prices included in the PPI are from the first commercial transactions for many products and some services. They exclude any taxes that the purchaser may have to pay. They are often seen as advanced indicators of price changes throughout the economy. Saint Lucia conducted its first Producer Price Index in 2017.


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