Ask Question
18 May, 04:26

A price index that tends to be a leading indicator of future inflation rates is the

+2
Answers (1)
  1. 18 May, 06:18
    0
    Producer price index

    Explanation:

    Producer price index is used as an economic indicators which indicates the fluctuations in the price level in an economy. It is the leading indicator for the consumer price index.

    Producer price index refers to the price index which measures the change in the average price received by the producers for their output over a specified period of time.

    The producer price index doesn't takes into account the effect of indirect taxes but wholesale price index takes the effect of indirect taxes.

    It is calculated as follows:

    PPI = (Current prices received by sellers : Base year prices) * 100
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A price index that tends to be a leading indicator of future inflation rates is the ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers