Financial Tribune - An increase of 44.4% was registered in the Producer Price Index in the Iranian month of Shahrivar (Aug. 23-Sept. 22) compared with the similar month of last year, the latest report of the Central Bank of Iran announced.

The PPI (using Iranian year to March 2017 as the base year for the first time) stood at 157.8 in Shahrivar, indicating a 9.4% rise compared with the previous month.

The average PPI in the 12 months ending Sept. 22 grew by 18.2% compared with last year’s corresponding period. The CBI put the preceding month’s PPI inflation at 15.2%.