The industrial producer price index (IPPI) is an important short-term indicator for the domestic economy and the European Economic and Monetary Union. The objective of the IPPI is to measure the average price development of economic activities and the average price development of all goods produced and sold on the market (total, domestic and non-domestic market) in as timely a manner as possible (monthly). The index includes all activities and products in ÖNACE 2008 sections B–E36: mining and quarrying, manufacturing, and electricity, gas and water supply. Prices are measured on the basis of price information for goods that have been produced and sold by manufacturing establishments in the industries specified above, regardless of whether production was characteristic or non-characteristic. The price is based on the ex-factory price without VAT, which is the price that the reporting unit charges the customer (transaction price).