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The PPI is based on the cost of a basket typically purchased by producers, while the CPI is based on the cost of a basket typically purchased by consumers.

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What happens if the producer price index goes up?

When the Producer Price Index (PPI) goes up, prices rises. The PPI does not represent prices at the consumer level.


How can one determine the inflation rate by utilizing the Consumer Price Index (CPI)?

To determine the inflation rate using the Consumer Price Index (CPI), you can compare the current CPI to the CPI from a previous period. The percentage difference between the two values represents the inflation rate.


How can one determine the rate of inflation using the Consumer Price Index (CPI)?

To determine the rate of inflation using the Consumer Price Index (CPI), you can compare the current CPI to the CPI from a previous period. The percentage difference between the two values indicates the rate of inflation.


What is the difference between cpi and cgpa?

The difference is that a CGPA is a Cumulative Grade Point Average. A CPI is a Consumer Price Index. One is a grading system, and one is a financial concept.


What is the index error in theodolite?

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Is there any difference between index and indicator?

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What happens when the producer price index goes up?

The producer price index is a number that measures the amount of most wholesale goods. When the producer price index goes up, then that means the economy is slipping into a recession.


What indicator does the government use to measure inflation?

Consumer Price Index (CPI)


What is the definition of the term Consumer Price Index?

Consumer Price Index (CPI) is a measure of changes in the purchasing-power of a currency and the rate of inflation. The consumer price index expresses the current prices of a basket of goods and services in terms of the prices during the same period in a previous year, to show effect of inflation on purchasing power. It is one of the best known lagging indicators. See also producer price index.Refer to link below.


When was Consumer Price Index - United Kingdom - created?

Consumer Price Index - United Kingdom - was created in 1947.


What is the difference between CPI and SPI?

CPI mean (consumer price index ) which measure change in the level of consumer goods and services purchase by consumer.SPI mean ( Share Price index)


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