PRODUCER PRICE INDEX Definition

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PRODUCER PRICE INDEX (PPI) measures the average change over time in the selling prices received by domestic producers for their output. The prices included in the PPI are from the first commercial transaction for many products and some services.

Learn new Accounting Terms

DRAFT, in import / export, is a contract between buyer and seller that the buyer will pay a certain amount of money, within a specified period of time, for the goods purchased.

FREIGHT OUT is the handling, packaging, and shipping costs of product; normally considered a selling cost.

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