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Industrial PPI Inflation 56.8%

Industrial PPI Inflation 56.8%
Industrial PPI Inflation 56.8%

Producer Price Index for the industrial sector in the 12-month period ending March 20, which marked the end of last Iranian year, grew by 56.8% compared to the same period the year before.
The sector’s PPI for the four-quarter to Dec. 20, 2020 increased by 37.4%. Overall PPI of the industrial sector (using the Iranian year ending March 2017 as base year) was 485.8 in Q4 (Dec. 21, 2020-March 20), up 12.2% compared with the previous quarter and 93.6% growth over the same quarter the year before. 
The sector’s quarterly and year-on-year PPI for the quarter to Dec. 20 had increased by 21.8% and 77.3%, respectively. 

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