What is the Producer Price Index (PPI) ?
🔍 Definition: Producer Price Index (PPI)
📍 Measures the average price change over time received by domestic producers for their goods and services.
📍 Indicates inflation trends at the wholesale level.
🚨 C ompilation:
📍 Based on thousands of price indexes categorized by industry and product types.
📌 Data Collection:
✅Relies on ~100,000 monthly price quotes provided voluntarily by 25,000 producer establishments.
⚠️ Release Timing:
📍 Published monthly by the U.S. Bureau of Labor Statistics (BLS) during
the s econd week of the month .
📌 Economic Significance:
🟢 Rising PPI: Suggests increasing production costs, potential inflationary pressures.
🔵 Falling PPI: Implies reduced cost pressures and possible deflationary signals.
🔥 How Many Moment Expected in Gold : 100-150 PIPS
( EASY TO TRADE BECAUSE FOLLOW TECHNICAL)
📚 Learn more about trading strategies and market insights!
💡 Follow for more educational content to boost your trading knowledge. 🚀