Q2 Mining Producer Inflation at 116%

The average Producer Price Index for the mining sector in the four-quarter period ending Sept. 22, which marks the end of the second quarter of the current fiscal year, increased by 116.1% compared with the same period of the year before. 
According to the latest data released by the Statistical Center of Iran, the sector’s average PPI for the four-quarter period to June 21, i.e., the end of Q1 of current Iranian year, had increased by 154.1% year-on-year. 
The average annual producer inflation of the “coal extraction” subsector in Q1 was at 102% and those of “extraction of metal ores” and “extraction of other mines” subsectors were at 123.3% and 67.4%, respectively.