PPI is an indicator to measure the trend and degree of ex-factory price changes of industrial enterprises, an important economic indicator to reflect the price changes in the production field in a certain period, and an important basis for formulating relevant economic policies and national economic accounting.

Producer price index (PPI) is used to measure the price of products that producers need to buy in the production process. So this index contains the price information of raw materials, semi-finished products and final products (about 3,000 kinds of things are used in the United States) in three production stages.

Extended data:

Possible factors leading to PPI increase

1. Domestic supply-side structural reforms continued to advance. Judging from the internal structure of PPI, the rise of PPI is actually a structural increase. The increase in PPI in August mainly came from production materials, and the growth rate of living materials was relatively stable.

2. Changes in international commodity prices have an impact. According to the data of relevant international organizations, from August 2065438 to August 2007, the prices of many upstream products rose, which was mainly caused by the recent sustained recovery of the world economy, the steady expansion of market demand and the expansion of raw material demand in China.

Baidu encyclopedia -PPI

People's Daily Online-PPI rose slightly in August, affected by changes in commodity prices.