单词 | producer price index |
释义 | producer price index producer price index (also spelled Producer Price Index) noun [C] (abbr PPI)
(Economics ) a set of figures showing the average change in prices paid to producers and manufacturers for goods over a period of time: The producer price index is considered to be a reliable indicator of inflation. The effect of higher oil prices will show in the producer price indices to be released this week in the UK and US. ⇨ CONSUMER PRICE INDEX, RETAIL PRICE INDEX |
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