Publication
Quality Report - Producer price index for industrial products (domestic sale)
Date August 21, 2024
The producer prices collected are used to calculate producer price indices. As such indices measure price changes at an early stage of the economic process, they are considered as indicators of future inflationary trends. Producer price indices and average prices of selected mineral oil products, which are also calculated as part of the statistics, are frequently used in business contracts to adjust repeated payments (stable-value clauses). Also, producer price indices are used to deflate other aggregates of economic statistics, such as the production index.