Q1 Producer Inflation at 60.4%

The producer price index in the four-quarter period ending June 21, which marks the end of the first quarter of the current Iranian year, grew by 60.4% compared with the corresponding period of last year.
The index calculated for the four-quarter period leading to March 20, marking the end of Q4 of last year, had increased by 46.7%.
The lowest and highest annualized producer inflation was registered for services and mining sectors with 42% and 112.3%, respectively. 
PPI (using fiscal 2016-17 as the base year) stood at 419.4 in Q1 (March 21-June 21), indicating a 10.1% increase compared with the previous quarter and a 73% growth over the same quarter of last year, the Statistical Center of Iran reported.
The lowest and highest quarter-on-quarter producer inflation was registered for production, transmission and distribution of electricity with 1.3% and mining with 38.7%, respectively.