In addition to the consumer price index,the Bureau of Labor Statistics also calculates the
A)macroeconomic price index.
B)producer price index.
C)rental unit price index.
D)terms of trade.

Question

Quizplus · Accepted Answer

The Bureau of Labor Statistics also calculates the producer price index (PPI), which measures the average change over time in the prices received by domestic producers for their goods and services. This index is used as an indicator of inflationary pressures at the producer level, which can ultimately impact consumer prices.

In Addition to the Consumer Price Index,the Bureau of Labor