Source | |
Measures | Change in the price of goods sold by corporations; |
Usual Effect | 'Actual' greater than 'Forecast' is good for currency; |
Frequency | Released monthly, about 12 days after the month ends; |
Next Release | |
Why Traders Care | It's a leading indicator of consumer inflation - when corporations raise the price of their goods the higher costs are usually passed on to the consumer; |
Also Called | CGPI; |
Acro Expand | Producer Price Index (PPI), Corporate Goods Price Index (CGPI); |