The Producer Price Index (PPI) plays a critical role in understanding inflation, but it often flies under the radar compared to its consumer-focused counterpart, the CPI. While the CPI tracks price changes for everyday goods and services that
Price Index
Demystifying Price Indexes: Inflation’s Measuring Stick
Price indexes are the unsung heroes of economic data. They act like a constantly updated shopping cart, tracking the average price changes of a specific selection of goods and services over time. By monitoring this basket of items, economists can