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Economic Calendar Terms

EZ Producer prices yy

The Grange,Church Road
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Total industry excluding construction The domestic output price index (or producer price index) for an economic activity measures the average price development of all goods and related services resulting from that activity and sold on the domestic market. The domestic output price index is a business cycle indicator showing the monthly development of transaction prices of economic activities. It can be an early indicator of inflationary pressures in the economy, but it also records the evolution of prices over longer periods of time. The domestic market is defined as customers resident in the same national territory as the observation unit.

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