The producer price index is a number that measures the amount of most wholesale goods. When the producer price index goes up, then that means the economy is slipping into a recession.
Price Index
producer price index
Final price index = 140 Initial price index = 125 Therefore, difference in price index between period 3 and 4 is : 140 - 125 = 15 Lastly, 15/125 * 100 = 12%
Consumer Price Index (CPI)
Wholesale Price Index
The Wholesale Price Index or WPI is the price of a representative basket of wholesale goods. The wholesale price index consists of over 2,400 commodities. The indicator tracks the price movement of each commodity individually. Based on this individual movement, the WPI is determined through the averaging principle. The following methods are used to compute the WPI. Hope that helped.
Wholesale Prices in India (Base: 2004-05=100)
The producer price index is a number that measures the amount of most wholesale goods. When the producer price index goes up, then that means the economy is slipping into a recession.
2004-05
Wholesale
The markup is 40%, so the bookstore sells the textbook at 140% of the wholesale price. To find the wholesale price, you divide the selling price by 1.40 (1 + 40%). Therefore, the wholesale price for the textbook is $36.25.
Price Index
The price of a with a 100% markup from the wholesale price would be twice the wholesale price. So, the price of w would be 200 a.
simply multiply the wholesale price by the percentage markup (in this case 28%) to get the answer, for example: 8 x 0.28= 2.24 then add the answer to the original price 8 + 2.24= 10.24
producer price index
R6.94