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Iran's Q2 Producer Inflation Up 49.4% YOY

Iran's Q2 Producer Inflation Up 49.4% YOY Iran's Q2 Producer Inflation Up 49.4% YOY

The overall Producers’ Price Index (using 2011 as the base year) stood at 477.5 in the second quarter of the current Iranian year (started March 21), indicating a 1.3% increase compared with the previous quarter and a 49.4% growth over the same quarter of last year, the Statistical Center of Iran reported.
Producer inflation in the four-quarter period ending Sept. 22 (annual inflation) grew by 59.9% compared with the same period of last year. The index calculated for the four-quarter period leading to June 21, end of the current year’s Q1, increased by 58.6%.

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