Set PPI = $1.53

5 lb Part Skim Mozzarella: $9.03 (a)
102 oz tomatoes: $2.63 (b)
25 lb flour: $9.78 (c)
720 Slice of Pepperoni: $8.32 (d)

Enter the PPI equation:

PPI = $0.01 + (a)/10 + ((b)/24)(2) + (c)/50 + (d)/40; or

PPI = $0.01 + $0.90 + $0.22 + $0.20 + $0.21; thus

Set PPI = $1.53, up from $1.52.

This is an all-time high since the PPI was established, but still lower than it was last summer. This data does not support the reports that prices dropped in March. In fact, it indicates the opposite. History:

07FEB: $1.52
13FEB: $1.47
02MAR: $1.45
14APR: $1.52

Set PPI = $1.52

5 lb Part Skim Mozzarella: $8.86 (a)
102 oz tomatoes: $2.63 (b)
25 lb flour: $9.78 (c)
720 Slice of Pepperoni: $8.32 (d)

Enter the PPI equation:

PPI = $0.01 + (a)/10 + ((b)/24)(2) + (c)/50 + (d)/40; or

PPI = $0.01 + $0.89 + $0.22 + $0.20 + $0.21; thus

Set PPI = $1.52, up from $1.45.

The PPI has returned to the level it was at when tracking first began, and is up 5% in a little over a month. History:

07FEB: $1.52
13FEB: $1.47
02MAR: $1.45