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Producer Price Index introduced for the Manufacturing and Construction sectors

Producer Price Index introduced for the Manufacturing and Construction sectors

Released Wednesday, 24th April 2024
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Producer Price Index introduced for the Manufacturing and Construction sectors

Producer Price Index introduced for the Manufacturing and Construction sectors

Producer Price Index introduced for the Manufacturing and Construction sectors

Producer Price Index introduced for the Manufacturing and Construction sectors

Wednesday, 24th April 2024
Good episode? Give it some love!
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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. 

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