Producers’ prices

What is Producers’ prices?

Producers’ prices meaning Commodity transactions in the input-output (I-O) accounts are valued in producers’ prices in order to show the relationship between the production of commodities and their purchase by intermediate and final uses. These prices exclude wholesale and retail trade margins and transportation costs, but they include sales and excise taxes collected and remitted by producers. Transportation costs and wholesale and retail trade margins are treated separately as commodities that are produced by industries and purchased by intermediate and final users. Related terms: intermediate purchases.

 

reference: BEA Bureau of Economic Analysis. US Department of Commerce

Tags: