Industrial Chicken Farms’ PPI Up 58% in 4th Quarter

The average Producer Price Index for industrial chicken farms in the fourth quarter of last Iranian year (Dec. 21, 2020-March 20) increased by 96.73% compared with the corresponding quarter of the year before.
The overall PPI of the sector in Q4, which ended on March 20, using the year ending March 2017 as the base year, stood at 388.88, indicating a 5.06% growth compared with the preceding quarter, the Statistical Center of Iran reported. 
During the four-quarter period ending March 20, PPI increased by 58.1% compared with the similar period of the year before. The index had increased by 30.57% in the four-quarter period ending Dec. 20, 2020. 
The highest quarter-on-quarter increase of the index among Iranian provinces during the period under review was registered for Yazd with 23.1% while South Khorasan posted the highest quarter-on-quarter deflation among Iranian provinces with 12.6%.  
On a year-on-year basis, Mazandaran registered the highest increase with 128.6% and Sistan-Baluchestan posted the lowest inflation with 44%. 
PPI measures average changes in prices received by domestic producers for their output.