SCI Reviews Industries’ Producer Price Changes

The overall PPI of the industrial sector stood at 633.9 in Q3, indicating a 9.9% increase compared with the previous quarter and 46.4% growth over the same quarter of the year before. 
The industrial PPI in the four-quarter period ending Dec. 21 grew by 69.7% compared with the same period of the year before, the Statistical Center of Iran reported.
The lowest quarterly PPI inflation rates in Q3 were recorded for “production of base metals” with 2% and “production of computer, electronic and lighting products” with 3.2% and “production of pharmaceuticals, chemicals used in pharmacy and herbal remedies” with 3.4%. The highest quarterly PPI inflation rates were posted for “manufacturing of chemicals” with 18.4%, “production of food products” with 13.8% and “production of coke and oil refining products” with 12%.
The lowest year-on-year PPI inflation rate was registered for “production of tobacco” with 19.9%, “production of computer, electronic and lighting products” with 25.4% and “production of pharmaceuticals, chemicals used in pharmacy and herbal remedies” with 30.4%. The highest year-on-year increase was posted by “printing and duplicating the recorded media” with 67.3%, “production of other non-metallic mineral products” with 65.7% and “manufacturing of chemicals” with 62.8% compared with the same quarter of last year. 
The lowest annual PPI inflation was recorded by “production of pharmaceuticals, chemicals used in pharmacy and herbal remedies” with 38.3%, “production of computer, electronic and lighting products” with 45% and “production of other products” with 45.6%. 
The highest annual PPI was reported for “manufacturing of chemicals” with 95.7% and “production of wood and wood products” with 81.8% and “production of textiles” with 75%.