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ABSTRACT

August, 1987, Vol. 110, No. 8

New weight structure being used
in Producer Price Index

Andrew G. Clem
Economist, Office of Prices and Living Conditions, Bureau of Labor Statistics

William D. Thomas
Economist, Office of Prices and Living Conditions, Bureau of Labor Statistics


The universe of weights has been updated from 1972 to 1982; inclusion of interplant transfers led to increases in relative importance for several crude goods while declines for motor vehicles and other durable goods were due to the recession in 1982.

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Producer Price Index

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