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Producer price index
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== By country == === United States === {{Main|U.S. Producer Price Index}} [[File:Inflation data.webp|thumb|350px|right|PPI is a [[leading indicator]], CPI and PCE [[Latency (engineering)|lag]]<ref>{{cite web | url=https://www.yahoo.com/now/does-producer-price-index-tell-190327824.html | title=What Does the Producer Price Index Tell You? }}</ref> {{legend-line|#00A2FF solid 3px|PPI}} {{legend-line|#61D836 solid 3px|Core PPI}} {{legend-line|#929292 solid 3px|[[Consumer price index|CPI]]}} {{legend-line|#F8BA00 solid 3px|[[Core inflation|Core]] CPI}} {{legend-line|#FF2600 solid 3px|[[Personal consumption expenditures price index|PCE]]}} {{legend-line|#D41876 solid 3px|Core PCE}}]] In the US, the PPI was known as the ''wholesale price index'', or WPI, up to 1978. The PPI is one of the oldest continuous systems of statistical data published by the [[Bureau of Labor Statistics]], as well as one of the oldest economic time series compiled by the [[Federal government of the United States|Federal Government]].<ref>{{cite book|title=BLS Handbook of Methods|chapter= Chapter 14 Producer Prices, Background |url=http://www.bls.gov/opub/hom/homch14_a.htm| archive-url=https://web.archive.org/web/20101213024233/http://www.bls.gov/opub/hom/homch14_a.htm |archive-date=2010-12-13 |url-status=dead }}</ref> The origins of the index can be found in an 1891 [[U.S. Senate]] resolution authorizing the [[Senate Committee on Finance]] to investigate the effects of the tariff laws "upon the imports and exports, the growth, development, production, and prices of agricultural and manufactured articles at home and abroad".<ref>[http://www.bls.gov/ppi/ppicpippi.htm Senate Committee on Finance, Wholesale Prices, Wages, and Transportation, Senate Report No. 1394, "The Aldrich Report," Part I, 52nd Congress, 2d sess., March 3, 1893; and U.S. Department of Labor, Course of Wholesale Prices, 1890β1901, Bulletin No. 39, March 1902, pp. 205β09.]</ref> === India === {{Main|Producer Price Index (India)}} The [[India]]n '''wholesale price index''' (WPI) was first published in 1902, and the country now uses [[CPI]]. No PPI is formulated in India.<ref>{{Cite web|url=http://www.financialexpress.com/economy/new-wpi-series-india-moves-to-concept-of-producer-price-index-to-better-gauge-actual-price-pressure-in-economy/666547/|title=New WPI series: India moves to concept of producer price index to better gauge actual price pressure in economy}}</ref><ref>{{Cite web|url=https://rbi.org.in/scripts/BS_SpeechesView.aspx?Id=457|title=...it would be desirable to initiate steps to develop a producer price index (PPI) for the country.}}</ref>
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