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No, PPI is not a measure of wholesale inflation

A standard perception of PPI is that it is a measure of "wholesale inflation", but the BLS told EconReporter that this interpretation of PPI is not at all correct.

Interviews

How Household Debt affect the Global Business Cycles | Q&A with Atif Mian |

In this installment of the interview, Professor Mian explains the major findings in his recent research paper "Household Debt and Business Cycles World Wide" and the important implications of that paper.