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Producer Prices For Goods Rise And Fall With Oil Prices

Producer Prices For Goods Rise And Fall With Oil Prices

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Any Producer Price Index is a measure of prices received, not prices paid. It measures prices U.S. businesses received for about 3700 commodities and 800 services. Since producer prices are not just paid by Americans or consumers, among many other reasons, the PPI is not comparable to the CPI (and certainly not a leading indicator of some future CPI).

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