Q3 PPI Inflation Hit 60.9%

The Producer Price Index in the four-quarter period ending Dec. 21, which marks the end of the third quarter of the current Iranian year, grew by 60.9% compared with the corresponding period of last year.
The lowest and highest annualized producer inflation was registered for “production, transmission and distribution of electricity” and “mining” with 30.6% and 107.3%, respectively. 
The PPI (using fiscal 2016-17 as the base year) stood at 515.3 in Q3 (Sept. 23-Dec. 21), indicating a 10% increase compared with the previous quarter and a 48.6% growth over the same quarter of last year, the Statistical Center of Iran reported.