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| Topic: |
Business
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| Number of pages / Number of words: |
20 / 5538 |
Essay's paper body
Different kinds of inflation measure are used to determine the real change in prices, depending on what the context is.
Examples of common measures of inflation include:
consumer price indexes (CPIs) which measure the price of a selection of goods purchased by a "typical consumer".
producer price indexes (PPIs) which measure the price received by a producer...
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This differs from the CPI in that price subsidization, profits, and taxes may cause the amount received by the producer to differ from what the consumer paid. There is also typically a delay between an increase in the PPI and any resulting increase in the CPI. Producer price inflation measures the pressure being put on producers by the costs of their raw materials...
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