Meaning of “producer price” in the English Dictionary

business-english dictionary

"producer price" in Business English

See all translations

producer pricenoun [ C ]

uk us COMMERCE, ECONOMICS, PRODUCTION

the price paid to a company or person for the goods they produce or the food that they grow:

Excluding the volatile categories of food and energy, core producer prices rose by 1.7% in the 12 months to May.

(Definition of “producer price” from the Cambridge Business English Dictionary © Cambridge University Press)