#USJulyCPI&PPIDueThisWeek The US Consumer Price Index (CPI) and Producer Price Index (PPI) for July are indeed scheduled for release this week. These reports are key indicators of inflation in the economy. The CPI measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services, while the PPI measures the average changes in prices received by domestic producers for their output. Both are closely watched by economists and policymakers for insights into inflationary pressures.