Industrial Livestock Farms PPI Inflation at 59% in Q4

The average annual producer inflation for industrial-scale livestock farms stood at 59% in the fourth quarter of the previous fiscal year (Dec. 22, 2021-March 20).
The Producer Price Index for livestock farms stood at 531 in Q4, indicating a 3.2% and 39.7% increase compared with the preceding quarter and the same quarter of the year before, respectively.  
Ardabil Province posted the highest quarter-on-quarter producer inflation with 50.6% while Sistan-Baluchestan posted the lowest producer inflation with 22.9% compared with the preceding quarter.
Ilam registered the highest quarter-on-quarter producer inflation with 9.8% while Alborz posted the lowest QOQ producer inflation of 1.1% in Q4.
Ardabil Province posted the highest year-on-year PPI with 50.6% while Sistan-Baluchestan posted the lowest producer inflation with 22.9% compared with the same quarter in the year before.
PPI measures price movements from the seller's point of view. Conversely, the consumer price index measures cost changes from the viewpoint of the consumer. In other words, this index tracks changes in the cost of production.
The importance of PPI lies in its predictive content for the future pattern of Consumer Price Index. Changes in PPI are usually reflected in CPI within a short period of time.