Core Producer Price Index (PPI) m/m shows average changes in selling prices received by domestic producers of goods and services in the specified month compared to the previous one. The index reflects price changes in primary markets of the United States from the perspective of the seller and is calculated based on the prices for the base period (current PPI base year is set as 1982). Food and energy are excluded due to their high volatility.
PPI is used for preparing an inflation outlook.