Economists also watch it because some of its components, notably healthcare and financial services, flow into the Federal Reserve’s preferred inflation gauge — the personal consumption expenditures, or PCE, index. Some of the wholesale price components that feed into PCE — including some health...
Reports on the decreased Producer Price Index for Finished Goods in the U.S. in May 2002. Decline in the index for finished energy goods; Decline in the Producer Price Index for Intermediate Materials, Supplies and...
The producer price index (PPI) for final demand in May rose 0.8 percent, following advances of 0.4 percent in April and 1.6 percent in March, according to the department's Bureau of Labor Statistics. Excluding the volatile food, energy and trade services components, the index rose 0.5 percent...
This series is from the Bureau of Labor Statistics and is denoted as PPIACO or "PPI by Index: All Commodities." It is worth pointing out that these three endogenous variables comprise the standard components necessary for estimating a producer price-augmented Phillips curve. Given that output (...
The producer price index, which measures selling prices that producers get for goods and services,increased 0.1% on the month,the Labor Department's Bureau of Labor Statistics reported Tuesday. Excluding volatile food and energy components, core PPI was flat. ...
Once the price changes have been compared to those faced in 1982, which serves as the base year for the index (value = 100), the overall value of the PPI is calculated using aweighted average.The weights are determined by the relative importance of the components in terms of their share ...
Effects of Reclassification on PPI input prices Input prices measure the change in the price of raw materials and fuels bought by UK manufacturers for processing. These are structured using 'home produced' and 'imported' components, and are weighted together using National Accounts supply/use tables...
Food prices advanced 1.6 percent, while energy products increased 2.5 percent. But prices for iron and steel scrap fell 10.7 percent. Healthcare, portfolio and airline fares are key components in the calculation of the personal consumption expenditures (PCE) price index, one of th...
A definition of the term "producer price index" is presented. The PPI is a comprehensive index of wholesale prices changes in the economy that is calculated monthly by the U.S. Bureau of Labor Statistics. It is regarded as an indicator of inflationary pressures with components broken down by...
While pass-through of foreign competitors' exchange rates (and prices) are the focus of this paper, the simple model (Section 2) and the full model (Section 4) also suggest that import prices will respond to other components of the sectoral price: (i) to the US producer price index (β...