SIE practice questionmediumEconomic Indicators - PPI
The Producer Price Index (PPI) is best used to measure:
- AInflation at the wholesale level✓ Correct answer
- BConsumer inflation
- CGDP growth
- DUnemployment trends
Explanation
Why A — Inflation at the wholesale level
PPI measures prices at the producer/wholesale level, not consumer inflation (CPI), economic growth (GDP), or employment.
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