Q1 Producer Inflation at 23.6%

The Producer Price Index in the four-quarter period ending June 20, which marks the end of the first quarter of the current Iranian year, grew by 23.6% compared with the corresponding period of last year.
The index calculated for the period leading to March 19, 2020, marking the end of Q4 of last fiscal year, had increased by 36.7%.
The lowest and highest average annual producer inflations were registered for electricity and mining sectors with 9.9% and 37.7%, respectively. 
PPI (using 2011 as the base year) stood at 528.2 in Q1 (March 20-June 20), indicating an 11.4% increase compared with the previous quarter and a 12% growth over the same quarter of last year, the Statistical Center of Iran reported.
The lowest quarter-on-quarter producer inflation was registered for services with 6.7% and the highest was posted by agronomy and horticulture with 76.6%.