Producer Price Inflation at 50%

The producer price index in the four-quarter period ending Dec. 21, 2019, which marks the end of the third quarter of the current Iranian year, grew by 50% compared with the corresponding period of the year before.
The index calculated for the period leading to Sept. 22, marking the end of Q2 of the current year, had increased by 59.9%.
PPI (using 2011 as the base year) stood at 475.9 in Q3 (Sept. 23-Dec. 21, 2019), indicating a 0.3% decrease compared with the previous quarter and a 25.6% growth over the same quarter of the year before, the Statistical Center of Iran reported on Wednesday.