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Industries PPI Inflation at 23.8% in Q1

Industries PPI Inflation at 23.8% in Q1Industries PPI Inflation at 23.8% in Q1

The Producer Price Index of the industrial sector in the four-quarter period ending June 20, which marks the end of the third month of the current Iranian year, grew by 23.8% compared with the same period of the year before.
The sector’s PPI for the four-quarter period to March 19, 2020, which marked the end of Q4 of the last Iranian year, had increased by 41.8%.
The overall PPI of the industrial sector stood at 587.7 in Q1, indicating an 8.1% increase compared with the previous quarter and 7.8% growth over the same quarter of the year before. 
The sector’s quarterly and year-on-year PPI for the quarter to March 19, 2020, had increased by 1.8% and 13.3%, respectively.

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