&lt;p&gt;I understand &lt;a href=&quot;http://pharostribune.com/columns/x928073620/When-will-it-be-our-turn&quot;&gt;his column&lt;/a&gt; is an opinion piece, but it should at the least be checked for facts. GDP is &quot;Gross Domestic Product&quot; = the value of all goods and services produced. The price indices do not figure in the GDP calculations. There are 3 main price incicies - The CPI or Consumer Price Index, which measures a basket of prices typical consumers purchase, the CCPI - or core consumer price index which is the above, less energy and food costs. The final one is the PPI - or Producer Price Index - which measures the prices of typical input commodities that manufacturers may buy.&lt;/p&gt;
&lt;p&gt;&lt;a href=&quot;http://pharostribune.neighborsink.com/?q=node/61&quot; target=&quot;_blank&quot;&gt;read more&lt;/a&gt;&lt;/p&gt;