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Producer Price Index Manual - Theory and Practice (Paperback)
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Producer Price Index Manual - Theory and Practice (Paperback)
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The producer price index (PPI) measures the rate at which the
prices of producer goods and services are changing over time. It is
a key statistic for economic and business decision-making and
inflation monitoring. ""The Producer Price Index Manual: Theory and
Practice"" provides clear, up-to-date guidance on the concepts,
uses, methods, and economic theory of the PPI, including
information on classifications, sources, compilation techniques,
and analytical uses of the PPI. The Manual supersedes the previous
international guidance on PPIs (available in the Manual on
Producers' Price Indices for Industrial Goods, published by the
United Nations Statistics Division in 1979). The Manual's
conceptual framework derives from the System of National Accounts
1993 and recent developments in index number theory. Preparation of
the Manual was undertaken by the Intersecretariat Working Group on
Price Statistics through a technical expert group chaired by the
IMF and involving representatives from the ILO, the OECD, the UN
Economic Commission for Europe, the World Bank, national
statistical offices, and academic institutions.
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