A producer price index could measure changes in_____.

Price of goods and services as they leave the place of production

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Price of goods and services as they enter the production process

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Wholesale prices

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Retail prices

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Solution

The correct options are
A
Price of goods and services as they leave the place of production

B
Price of goods and services as they enter the production process

Producer price index (PPI) measures the average change in the price of goods and services as they leave the place of production, called output PPI or as they enter the production process, called input PPI.

Suggest Corrections

Similar questions

Which of the following statement(s) is/are correctly stated?

Codes :

A consumer price index measures changes in

(i) retail prices

(ii) wholesale prices

(iii) producers prices

Consider the following statements:

1. WPI measure price rise at the wholesale level where wholesale means sale in large quantities and meant for resale.

2.Producer Price Index means the prices of goods as they are sold to the whole sales by the producers.

3. The price of electricity in the CPI is the Industrial tariff & not the consumer tariff.

Response:

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