Price transmission within the Producer Price Index Final Demand--Intermediate Demand aggregation system.

The article examines the causal direction of price change within the Producer Price Index (PPI) Final Demand-Intermediate Demand (FD-ID) aggregation system. The analysis provides evidence of forward price transmission in both the commodity-type and production-flow portions of the system. The PPI pro...

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Detalles Bibliográficos
Publicado en:	Monthly Labor Review pp. 1 - 16
Formato:	Artículo
Publicado:	US Department of Labor Aug2016
Materias:	United States. Bureau of Labor Statistics Labor market Wholesale price indexes Aggregation (Statistics) Labor costs
Acceso en línea:	Ver este registro en EBSCOhost

Descripción
Sumario:	The article examines the causal direction of price change within the Producer Price Index (PPI) Final Demand-Intermediate Demand (FD-ID) aggregation system. The analysis provides evidence of forward price transmission in both the commodity-type and production-flow portions of the system. The PPI program of the Bureau of Labor Statistics (BLS) transitioned from the Stage of Processing (SOP) system to the FD-ID system as the key structure used for analyzing the behavior of producer prices.