U.S. Producer Price Index

It is published by the Bureau of Labor Statistics and is one of the oldest economic time series compiled by the Federal government of the United States.

It measures change in prices received by domestic producers for goods, services, and construction sold for personal consumption, capital investment, government, and export.

[4] Most of the data for the PPI is collected through a systematic sampling of producers in manufacturing, mining, and service industries, and is published monthly by the Bureau of Labor Statistics.

However, indexes in all classification systems draw from the same pool of price information provided to the Bureau by survey respondents.

Consequently, in January 2004, the BLS began to publish the PPI data in accordance with the North American Industry Classification System (NAICS).

This system was developed in cooperation with Canada and Mexico, and categorizes producers into industries based on the activity in which they are primarily engaged.

A PPI from the commodity classification system measures change in prices received for a product or service regardless of industry of origin.

This system regroups commodity indexes to create aggregate PPIs according to the type of buyer and the amount of physical processing or assembly products have undergone.

[7] The final demand portion of the FD-ID system measures price change for commodities sold as personal consumption, capital investment, government purchases, and exports.