Q2 PPI Inflation Hit 64.6%

The Producer Price Index in the four-quarter period ending Sept. 22, which marks the end of the second quarter of the current Iranian year, grew by 64.6% compared with the corresponding period of last year.
The lowest and highest annualized producer inflation rates were registered for “production, transmission and distribution of electricity” and “mining” with 37.7% and 116.1%, respectively. 
PPI (using fiscal 2016-17 as the base year) stood at 468.5 in the second quarter (June 22-Sept. 22), indicating a 11.7% increase compared with the previous quarter and 58.9% growth over the same quarter of last year, the Statistical Center of Iran reported.
The lowest and highest quarter-on-quarter producer inflation rates were registered by “production, transmission and distribution of electricity” with 0.1% and agriculture with 21.7%, respectively.