What Are Consumers? Consumers are the end users of any product. A consumer is someone who purchases products or services for personal or business use. These consumers directly use goods and services rather than using them for resale purposes. Examples Some of the common examples…

There are two ways to describe wholesale. Wholesale as a product – a product, either partial or complete, when acquired from a manufacturer can be termed as wholesale. Wholesale as a business strategy – wholesale is a practice that involves the mass purchase of goods…

What is the Producer Price Index (PPI)? PPI or producer price index is a measure of inflation that tracks the changes in the production cost of goods. In simple terms, it records price fluctuations at the production level. producer price index (PPI) is a family…

What is the Consumer Price Index (CPI)? CPI or consumer price index measures or tracks the average change in the price of a basket of goods in households with the passage of time. This basket is representative of common household purchases and is used as…