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Q4 PPI Inflation at 54.3%

The lowest and highest annualized producer inflation was registered for “production, transmission and distribution of electricity” and “mining” with 19.4% and 92.9%, respectively
Q4 PPI Inflation at 54.3%
Q4 PPI Inflation at 54.3%

The Producer Price Index in the four-quarter period ending March 20, 2022, which marks the end of the fourth quarter of the previous Iranian year, grew by 54.3% compared with the corresponding period of last year, new data released by the Statistical Center of Iran say.
The lowest and highest annualized producer inflation was registered for “production, transmission and distribution of electricity” and “mining" with 19.4% and 92.9%, respectively. 
The PPI (using fiscal 2016-17 as the base year) stood at 540.8 in Q4 (Dec. 22, 2021-March 20), indicating a 4.9% increase compared with the previous quarter and 42% growth over the same quarter of last year.
The lowest and highest quarter-on-quarter producer inflation was registered for “electricity” with 2.1% and “industry” with 7.8%, respectively.

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