Services PPI Inflation Hits Record High of 46.3% in Q3

The Producer Price Inflation for the services sector reached an all-time high in the autumn of the current fiscal year. 
The average Producer Price Inflation for the services sector in the four-quarter period ending Dec. 21, which marks the end of the third quarter of the current Iranian year, increased by 46.3% compared with the same period of the year before.
According to the Statistical Center of Iran, this marks the highest annual inflation since winter 2013 (the earliest available data on services producers' inflation on SCI’s website). 
The overall PPI for the services sector stood at 394.6 in Q3 of the current fiscal year (Sept. 23-Dec. 21), indicating a 10% increase compared with the preceding quarter.