Domestic Economy

SCI Examines Producer Price Changes in Services Sector

The overall Producer Price Index for the services sector (using 2011 as the base year) stood at 373.1 in the second quarter of the current Iranian year (June 22-Sept. 22), indicating a 7.3% increase compared with the preceding quarter and a 30.9% rise compared with the same quarter of last year.
Services PPI is calculated based on the indexes of eight subsectors, namely “repairing motor vehicles, motorcycles and home devices”, “hotels and restaurants”, “transportation, warehouse services and communications”, “brokerage (insurance) services”, “real estate, renting and business”, “education”, “health services and social work”, and “other public, social and personal services”.   
PPI for the subsector of “repairing motor vehicles, motorcycles and home devices” stood at 466.6, indicating an 8.3% rise compared with the previous quarter and a 39.4% growth compared with the same quarter of last year, according to data reported by the Statistical Center of Iran. 


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