Q1 Chicken Farms’ PPI Hit 79.8%

The average Producer Price Index for industrial chicken farms in the first quarter of the current Iranian year (March 21-June 21) increased by 107.35% compared with the corresponding quarter of last year.
The overall PPI for the sector in Q1, which ended on June 21, using the year ending March 2017 as the base year, stood at 417.34, indicating a 7.3% growth compared with the preceding quarter, the Statistical Center of Iran reported. 
During the four-quarter period ending June 21, PPI increased by 79.79% compared with the similar period of the year before. The index had increased by 58.1% in the four-quarter period ending March 20. 
The highest quarter-on-quarter increase of the index among Iranian provinces during the period under review was registered for Khorasan Razavi with 19.5% and the lowest was posted for Yazd with 1.8%. 
Tehran posted the highest quarter-on-quarter deflation among Iranian provinces with 6.5%.  
On a year-on-year basis, Khuzestan registered the highest increase with 187.6% and Tehran posted the lowest inflation with 64.1%, the Statistical Center of Iran reported. 
PPI is a price index that measures average changes in prices received by domestic producers for their output.