SCI Reviews Producer Price Changes in Services Sector

The overall Producer Price Index for the services sector (using the year ending March 2017 as a base year) stood at 322.8 in the first quarter of the current fiscal year (March 21-June 21), indicating an 11.2% increase compared with the preceding quarter, the Statistical Center of Iran reported. 
The index measured for Q1 producer inflation in the services sector indicates a 48.7% increase compared with the same quarter of the year before, which is the highest year-on-year inflation since spring 2012 (the earliest available data on services producers' inflation on SCI’s website).
The average PPI for the services sector in the four-quarter period ending June 21 increased by 42% compared with the same period of the year before, which is the highest annual inflation since the winter of 2013.