framleiðsluverðlagsvísitalan
The framleiðsluverðlagsvísitalan, often translated as the Producer Price Index (PPI), is a statistical measure that tracks the average change over time in selling prices received by domestic producers for their output. It is a key economic indicator used to gauge inflationary pressures at the wholesale level. The index monitors prices for a basket of goods and services at various stages of production, from raw materials to intermediate goods and finally to finished products.
The PPI is typically calculated by collecting price data from a representative sample of producers across
Economists and policymakers use the PPI to understand trends in production costs, anticipate future inflation, and