The Producer Price Index (Goods) measures the average change over time in the prices received by domestic producers of goods, that is, the prices of goods as and when they leave the factory or the producers’ premises. Information contained in this release are used to estimate Gross Domestic Product at Constant Prices.
The All Items PPI (Goods) index stood at 119.7 for the year 2023, representing an increase of 5.5 percent when compared to the year 2022.