Producer price inflation at 36.7% in fiscal 2019-20

Financial Tribune – The lowest and highest annual producer inflation was registered for electricity and mining sectors with -4% and 45.1%, respectively

The Producer Price Index in the four-quarter period ending March 19, 2020, which marks the end of the fourth quarter of the last Iranian year, grew by 36.7% compared with the corresponding period of the year before.

The index calculated for the period leading to Dec. 21, marking the end of Q3 of last fiscal year, had increased by 50%.

The lowest and highest annual producer inflation was registered for electricity and mining sectors with -4% with 45.1%, respectively, the Statistical Center of Iran reported.

The PPI (using fiscal 2011-12 as the base year) stood at 474.2 in Q4 (Dec. 22, 2019-March 19), indicating a 0.3% decrease compared with the previous quarter and a 15% growth over the same quarter of the year before.

Leave a Reply

Your email address will not be published. Required fields are marked *