Question

​_____ measures the change over time in weighted-average wholesale prices, or the prices that businesses pay each other for goods and services.

Answer 1

Producer Price Index measures the change over time in weighted-average wholesale prices, or the prices that businesses pay each other for goods and services

Answer 2

Producer price index is a value which measures change over time in weighted average wholesale prices, or the prices that businesses pay each other for goods and services. It would show trends in the commodities markets, wholesome and manufacturing industries. This index is important as it serve multiple responsibilities in the improvement of investment-making decisions as it also serve as an indicator for the consumer price index.