Q4 Mining PPI at 92.9%

The average Producer Price Index for the mining sector in the four-quarter period ending March 20, 2022, which marks the end of the fourth quarter of the previous fiscal year, increased by 92.9% compared with the same period of the year before. 
The sector’s average PPI for the four-quarter period to Dec. 21, 2021, i.e., the end of Q3 of last Iranian year, had increased by 105.9% year-on-year. 
The average annual producer inflation of the “coal extraction” subsector in Q4 was at 83.4% and those of “extraction of metal ores” and “extraction of other mines” subsectors were 96.7% and 63.8%, respectively. 
The overall PPI of the mining sector (using the Iranian year ending March 2017 as the new base year) stood at 1,097 in Q4, indicating a 3.2% increase compared with the previous quarter and a 64.5% growth over the same quarter of last year. 
The quarter-on-quarter producer inflation of the “coal extraction” subsector was at 6% in Q4 and those of the “extraction of metal ores” and “extraction of other mines” subsectors reached 3% and 3.9%, respectively. 
The year-on-year producer inflation of the “coal extraction” subsector was 71% and those of the “extraction of metal ores” and “extraction of other mines” subsectors were 65.3% and 54.5%, respectively.