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The major difference between the Consumer Price Index and the Producer Price Index is that?
Wiki User
∙ 14y ago
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.
Wiki User
∙ 14y ago
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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.
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)
Consumer price index?
Consumer price index is a way to measure the averages of prices of consumer goods and services. It is calculated by taking price changes of items or goods and averaging them. Consumer price index is used to assess price changes associated with the cost of living.
What index measures the general change in prices over time?
consumer index
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)
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.
What are the difference's between contour interval and index contour?
What are the difference's between contour interval and index contour?
What is the difference between cpi and cgpa?
angie is rounding a number to the nearest thousand
What is the index error in theodolite?
Half of the difference between the two positions is called the "index error".
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.
Is there any difference between index and indicator?
yes there iis
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 are the difference between Unicode and ASCII code?
describe the destination index
Consumer price index?
Consumer price index is a way to measure the averages of prices of consumer goods and services. It is calculated by taking price changes of items or goods and averaging them. Consumer price index is used to assess price changes associated with the cost of living.
