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Q1 PPI Inflation at 49.7%: SCI
The Producer Price Index in the four-quarter period ending June 21, 2022, which marks the end of the first quarter of the current Iranian year, grew by 49.7% compared with the corresponding period of last year, data released by the Statistical Center of Iran show.
The lowest and highest annualized producer inflation was registered for “production, transmission and distribution of electricity” and “agriculture" with 13.8% and 63.6%, respectively.
PPI (using fiscal 2016-17 as the base year) stood at 626.4 in Q1 (March 21-June 21), indicating a 15.8% increase compared with the previous quarter and a 49.3% growth over the same quarter of last year.
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