Producer Price Index For Manufacturing, Construction

The production of a Producer Price Index (PPI) for the manufacturing and construction sectors in Saint Lucia will soon be an added data set of the Central Statistical Office. PPI is an important economic indicator used to track inflationary pressures in the economy. It also measures the average changes over time in the prices paid by domestic producers for the purchase of inputs used in the production process. More from Glen Simon: SOURCE: National Competitiveness and Productivity Council & The article Producer Price Index For Manufacturing, Construction is from St. Lucia Times.