The Producer Price Index in the four-quarter period ending March 20, 2022, which marks the end of the fourth quarter of last fiscal year, grew by 56.7% compared with the corresponding period of the year before.
The PPI of the sector stood at 683.6 in Q4, indicating a 7.8% increase compared with the previous quarter and a 40.7% growth over the same quarter of the year before, the Statistical Center of Iran reported.
The industrial PPI in the four-quarter period ending March 20 grew by 56.7% compared with the same period of the year before.
The lowest quarterly PPI inflation rates in Q4 were recorded for “production of wood and furniture” with 1.5% and “production of motor vehicles, trailers and semi-trailers” with 1.9% and “production of pharmaceuticals, chemicals used in pharmacy and herbal remedies” with 2%. The highest quarterly PPI inflation rates were posted for “production of coke and oil refining products” with 18%, “production of tobacco” with 13.8% and “production of transportation equipment’s” with 11%.
The lowest year-on-year PPI inflation rate was registered for “production of motor vehicles, trailers and semi-trailers” with 20.6%, “production of pharmaceuticals, chemicals used in pharmacy and herbal remedies” with 28.2% and “production of uncategorized machines and equipment” with 38.7%.
The highest year-on-year increase was posted by “production of chemicals” and “printing and duplication of recorded media” with 55.9%, as well as “production of clothes” with 51.6% compared with the same quarter of last year.
The lowest annual PPI inflation was recorded by “production of tobacco” with 25%, “production of pharmaceuticals, chemicals used in pharmacy and herbal remedies” with 34.8% and “production of motor vehicles, trailers and semi-trailers” with 36.7%. The highest annual PPI was recorded by “production of chemicals” with 73.9%, “production of wood and furniture” with 69.8% and “other non-metallic minerals” with 68.5%.
